Growth of high-speed internet boosts e-commerce: StatsCan

OTTAWA - Expanding use of high-speed internet connections helped e-commerce sales grow by 40 per cent last year, but web sales still accounted for only about 1 per cent of private sector operating revenues, Statistics Canada said Friday. ...

"A major factor in rising e-commerce, particularly in the private sector, is the adoption of high-speed access to the Internet," Statistics Canada said. "In 2003, two-thirds of all private companies used broadband to connect to the internet, up from 58 per cent the year before, and only 48 per cent in 2001." ...

Last year, about 34 per cent of firms had a website, up three percentage points from 2002. ...

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