Canadian businesses and governments are lagging several western nations in the “Internet economy” and are being warned that they risk falling even further behind unless they take immediate and more aggressive action. The Internet contributed $49-billion to Canada’s gross domestic product last year, representing 3 per cent of the country’s economy, a report to be released Monday by the Boston Consulting Group estimates. It is projected to hit $76-billion by 2016, or 3.6 per cent of GDP.

from the Globe and Mail