Theft Over $5,000

Theft over $5,000, defined under Section 322 of the Criminal Code, involves unlawfully taking property valued over $5,000. This is a straight indictable offence with serious consequences, including a maximum penalty of ten years in prison.

Theft is defined in section 322 of the Criminal Code. Theft involves taking away or converting property in a way that deprives the owner of their interest in it.

Theft over $5,000 applies when the value of the property subject to the theft exceeds $5,000. Theft over $5,000 is a straight indictable offence with a maximum penalty of ten years in prison.