In 2007, the Insurance Bureau of Canada estimated the direct and indirect financial costs of motor vehicle theft to consumers, police, insurance companies, and governments was?

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In 2007, the Insurance Bureau of Canada estimated that the direct and indirect financial costs of motor vehicle theft to consumers, police, insurance companies, and governments were in excess of $1 billion annually. This high figure accounts for various factors including the cost of stolen vehicles, increased insurance premiums, and the resources expended by law enforcement to combat vehicle theft.

In 2007, the Insurance Bureau of Canada Estimated the Direct