Car theft is a global problem; however the rate of cars stolen in Canada is among the highest in the world. According to Statistics Canada, in 2010 about 254 cars a day were stolen.
Whether you drive an economy or a luxury car, it can be a target. The Insurance Bureau of Canada's (IBC) top five most stolen cars in Canada were:
- Toyota Venza
- Honda Civic
- Ford F350
- Cadillac Escalade
- Chevrolet TrailBlazer
Who is this costing?
Car theft costs Canadians about $1 billion a year, according to the IBC, including the costs to fix or replace stolen cars, and police, health-care and court-system costs. Some of these loses are made up through insurance premiums, costing each Canadian policyholder about $35 on his or her insurance premium.
Where is your vehicle most likely to be stolen in Canada?
The following is a list of cities in Canada with the highest rates of car theft per 100,000 population (Statistics Canada, 2010):