In response to the Ontario government’s release of its 2023 Fall Economic Statement, Amanda Dean, Interim Vice-President, Ontario, Insurance Bureau of Canada (IBC), issued the following statement:
“IBC and its members are pleased to see the Ontario government’s continued commitment to fight auto theft, reflected in today’s Fall Economic Statement. The government’s $51 million investment to help police combat organized crime across the province, including funding to support the creation of new auto theft prosecution teams, demonstrates the Province’s continued leadership on addressing this growing public safety concern.
IBC believes a whole-of-society approach is necessary to help end auto theft and joins the Ontario government in calling on all stakeholders to join the fight against this societal menace.
Ontario’s auto insurers stand ready to work with the government, and other stakeholders to help solve this crisis.”