10 years (over $5,000 indictable) / 2 years (under $5,000 indictable) / summary
Possession of stolen property over $5,000 carries a 10-year maximum, constituting serious criminality under IRPA s.36(1). Under $5,000 is hybrid: if by indictment (2-year max), criminality under IRPA s.36(2); if summary, also s.36(2). No deemed rehabilitation for the 10-year variant.
Every one who commits an offence under section 354 (a) is guilty of an indictable offence and liable to imprisonment for a term not exceeding ten years, where the subject-matter of the offence is a testamentary instrument or the value of the subject-matter of the offence exceeds five thousand dollars; or (b) is guilty (i) of an indictable offence and liable to imprisonment for a term not exceeding two years, or (ii) of an offence punishable on summary conviction, where the value of the subject-matter of the offence does not exceed five thousand dollars.