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Sun Life Financial Inc
Symbol SLF
Shares Issued 584,617,001
Close 2024-02-22 C$ 73.83
Market Cap C$ 43,162,273,184
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FP/CP say Intact, rivals hear auto thefts on the rise

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

See In the News (C-IFC) Intact Financial Corp

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.

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