13:47:37 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Intact Financial Corp
Symbol IFC
Shares Issued 178,320,868
Close 2024-02-22 C$ 230.95
Market Cap C$ 41,183,204,465
Recent Sedar Documents

FP/CP say Intact, rivals hear auto thefts on the rise

2024-02-23 09:21 ET - In the News

Also In the News (C-IGM) IGM Financial Inc
Also In the News (C-MFC) Manulife Financial Corp
Also In the News (C-SLF) Sun Life Financial Inc

The Financial Post reports in its Friday, Feb. 23, edition that the federal government is committing an additional $15-million over three years to fight the rise in vehicle thefts, Minister of Public Safety Dominic LeBlanc said Wednesday. A Canadian Press dispatch to the Post reports that Mr. LeBlanc says $9-million will go toward police services to increase their capacity to take custody of stolen vehicles identified by the Canada Border Services Agency. Another $3.5-million will help officers co-ordinate with international police agency Interpol, which Ottawa says will make Canadian officers better able to find stolen vehicles and parts shipped abroad. Mr. Leblanc says $2.4-million will be used to support the government's work to fight vehicle theft with domestic and international partners. On Feb. 7, Ottawa announced $28-million to help border agents better detect and search cargo containers for stolen vehicles, and boost their ability to arrest people involved in theft supply chains. The federal government says between 2021 and 2022, rates of vehicle theft rose by 50 per cent in Quebec, 48.3 per cent in Ontario, 34.5 per cent in Atlantic Canada and 18.35 per cent in Alberta.

© 2024 Canjex Publishing Ltd. All rights reserved.