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Insurance Bureau of Canada Statement on Government of Canada investments in Canadian innovation to combat auto theft

Mar 25, 2026 | NATIONAL
Insurance Bureau of Canada Statement on Government of Canada investments in Canadian innovation to combat auto theft News Article Image

Today, the federal government announced new investments in Canadian‑developed technologies aimed at preventing and disrupting auto theft. Following this announcement, Liam McGuinty, Vice‑President, Federal Affairs, Insurance Bureau of Canada (IBC), issued the following statement:

“IBC welcomes Transport Canada’s investment in Canadian innovation to help combat auto theft. Auto theft remains serious and evolving threat to public safety, and today’s announcement marks another meaningful step in advancing on the National Action Plan to Combat Auto Theft and strengthening prevention efforts nationwide.

IBC and its members remain committed to working with government, law enforcement and industry partners to build on this progress and advance effective, evidence-based solutions that reduce auto theft, enhance public safety and strengthen Canada’s response to this ongoing crisis.”

About Insurance Bureau of Canada

Established in 1964, Insurance Bureau of Canada (IBC) is the national industry association representing Canada’s private home, auto and business insurers. Its member companies make up the vast majority of Canada’s highly competitive property and casualty (P&C) insurance market.

As the leading advocate for Canada’s private P&C insurers, IBC collaborates with governments, regulators and stakeholders to support a competitive environment for the P&C insurance industry to continue to help protect Canadians from the risks of today and tomorrow.

IBC believes that Canadians value and deserve a responsive and resilient private P&C insurance industry that provides insurance solutions to both individuals and businesses.

For media releases, IN Focus articles, or to book an interview with an IBC representative, visit ibc.ca. Follow us on LinkedIn, X and Instagram, and like us on Facebook. If you have a question about home, auto or business insurance, contact IBC’s Consumer Information Centre at 1-844-2ask-IBC. We’re here to help.