Editorial photo #12984541 Economy, Business and Finance
Economy In Canada
Baby formula is secured in plastic containers to prevent theft at a retail store in Toronto, Ontario, Canada, on November 8, 2025. In an attempt to stop retail theft, big chain stores lock up more and more of their wares. Customers are not happy about the extended wait times and decreasing ease of scooping up even the cheapest items in a hurry. According to Statistics Canada, rates of shoplifting jump 31% in 2022 compared to 2021. The Retail Council of Canada (RCC) says some of its members report a 300% increase in thefts since 2020, pegging the losses at $5 billion a year. (Photo by Creative Touch Imaging Ltd./NurPhoto)