Construction Machinery Theft: Large Scale Crime Across Canada

Aug 21, 2024 · Even if the machinery is heavy and difficult to maneuver, thieves have still found ways to target and steal them. Ontario Provincial Police estimate that between $15 and $20 million worth of heavy construction equipment is stolen in Ontario every year: a startling …

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Construction Machinery Theft: Large Scale Crime Across Canada

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Thieves Stole Cargo, Equipment Worth $531 Million Since 2019 In …

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Jun 26, 2024 · Over the past five years, $124.6 million in heavy equipment was stolen, including machines used in construction, roadwork and farm equipment. The average recovery rate of …

trucknews.com

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Theft & Vandalism On Construction Sites - Aviva

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May 4, 2018 · $46 million in equipment is stolen annually in Canada with $15 to $20 million of those losses in Ontario alone. An independent survey of 100 construction companies found …

aviva.ca

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Construction Crime Wave Sweeps Across Canada

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Nov 14, 2000 · A new crime wave is spreading across Canada. Heavy construction equipment, ranging from small bulldozers to excavators costing over US$600,000, are being stolen in …

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Construction Site Theft Increasing Across Canada

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May 20, 2021 · This price increase has led criminals to view construction sites as a soft target. Estimates put the cost of construction theft at up to $1 billion Canada-wide in 2021. In the …

blackbirdsecurity.ca

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B.C. Suspect Photos Released, $150K In Construction Machinery …

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Jul 1, 2023 · 0:32 Coquitlam RCMP looking for suspect who stole $150K in machinery Coquitlam RCMP is investigating a series of trailer and skid-steer thefts resulting in over $150,000 in loss …

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Heavy Tool And Equipment Theft | HUB International

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Nov 3, 2016 · In fact, the Ontario Provincial Police estimate that between $15 and $20 million of heavy construction equipment is stolen each year. And the number across the country is …

hubinternational.com

FAQs about Construction Machinery Theft: Large Scale Crime Across Canada Coupon?

How much equipment is stolen a year in Canada?

$46 million in equipment is stolen annually in Canada with $15 to $20 million of those losses in Ontario alone. An independent survey of 100 construction companies found they experienced an average of two thefts per year, with losses averaging $25,900 for licensed vehicles and $1,600 for tools. ...

Why is construction theft a major issue in Canada?

Construction theft continues to be a major issue across Canada as builders feel the harmful effects of stolen tools, materials, and lost production time. What can be done to help secure these sites and protect from further losses? Construction theft continues... ...

How can construction equipment theft be prevented?

The key to preventing construction equipment theft is deterrence. The harder you make it for thieves to get their hands on your property, the less likely they'll be to target you. How to prevent construction site theft ...

Is construction equipment theft a good business?

As a general rule, whenever the economy is booming, so is the construction sector. And whenever the construction industry enjoys a surge in productivity, so does another time-honoured business, except this one is dominated by bandits and somewhat less helpful to the economy -- construction equipment theft. ...

Are construction tools a threat to a thief?

Heavy machinery, specialized trade tools, and common construction power tools are highly desirable to criminals due to their high-value, and ease of resale. With tool theft on the rise at construction sites, what can be done to catch thieves red-handed? More importantly, can the risk of tool theft be mitigated? ...

Are construction site tools being stolen?

In December 2022, we had noted that the theft of construction site tools had been an ongoing and surging issue throughout the year for construction companies. Through the first quarter of 2023, construction site theft continues to be a progressing issue for builders of all kinds, as evidenced by recent reports of theft across the country. ...