Thank you, Mr. Chair.
Good afternoon. My name is Shawn Vording. I'm a 15-year executive at Carfax Canada and was recently announced as the new president.
I would like to thank the committee for inviting us to talk about auto theft, which we take very seriously.
We have been helping Canadians identify auto theft for over 25 years and have been actively working with various stakeholders and partners for the past six years. We are Canada's definitive source of automotive information, delivering vehicle history, appraisal and valuation. Our products help millions of Canadians make better decisions when it comes to buying, selling and owning vehicles.
We recently attended the automotive theft summit on February 8, where we learned even more about the various efforts of multiple partners and potential additional opportunities for Carfax Canada, in order to help address auto theft in Canada.
When it comes to automotive theft and fraud, the Carfax Canada vehicle history report helps our customers identify critical issues before they purchase a vehicle, such as vehicle information numbers, or VINs, specific to cloning; VIN tampering; stolen cars; and inaccuracies in vehicle data. In fact, for any VIN in North America, Carfax Canada has access to data that may help determine whether this is the case.
Carfax Canada provides products and services to several customer segments and is proud to work with many partners. These include Canadian consumers, Canadian automotive dealers, automotive manufacturers, banks, auctions, insurance carriers, Équité, the Insurance Bureau of Canada, border services agencies and Canadian law enforcement agencies.
Carfax Canada continues to acquire data and invest in products and services to help consumers and all stakeholders across the country tackle this major issue. We remain fully committed and are eager to expand our efforts and partnerships even further to benefit all Canadians.
Thank you.