The rate of bank robbery in Canada is declining, according to a new research.

The rate of Canadian bank robbery is declining, according to a new research.

Department of Sociology and Legal Studies Prof. Frederick Desroches cited in his new paper stating that bank robbers are gradually finding it tougher in Canada. There could be a time in future when they won't be able to rob any bank in Canada anymore, he said. Desroches works at the St. Jerome's University in Waterloo, Ontario, CBC reported.

According to Desroches, the number of bank robberies in the country in 2012 is almost half of what it used to be a decade back in 2000. Cases of bank robberies in 2012 were 591 while there were 1,098 recorded in 2000. His paper also claimed modern-day bank robbers lack both experience and success rate when compared to their predecessors.

The significant drop in the frequency of bank robberies in the country may have been caused by a number of factors which include an aging population. Other factors include the stronger security practices in Canada, which makes the life of bank robbers much more difficult than it used to be in the past.

Desroches, whose research paper has been published in the RCMP Gazette, said bank robbery happens to be a 'high-risk crime' these days with more serious penalties than ever. The risk of bank robberies has increased while the potential profit has decreased. He called bank robbery as a 'less attractive' crime these days.

He stressed the suspect photographs are easily circulated after a bank robbery. It has become far more convenient for investigators to get to the core of the crime and arrest the robbers.

There are police reports of higher clearance rates today than in the past. This means that bank robbers are being caught more at present.

Desroches believes that it is much easier to identify offenders now. They do not have the opportunity to go on a robbery spree these days.