A new report published by Canadian Finance and Leasing Association highlights the alarming state of vehicle theft in Canada.
In Toronto alone, there were 9,606 vehicle thefts in 2022. That’s triple the amount of thefts in 2015, when 3,284 vehicles were stolen within the city.
According to the report published on Thursday, the CFLA says vehicle theft has reached a “critical point” in Canada, with data showing that in each of the past seven years, vehicle theft rates in Toronto have become progressively worse.
