Is theft under $5,000 still a criminal offence?

Yes. The phrase “under $5,000” describes the value of the property; it does not make the matter a provincial ticket or minor regulatory offence. A conviction can result in a criminal record.

For a first-time accused, however, the outcome may depend on the value involved, whether the property was recovered, the circumstances of the allegation and the accused’s background. Withdrawal, diversion, a peace bond or a discharge may be available in an appropriate case, but none is automatic.