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Some of North America’s most influential online companies warn that Canada is losing its international edge on the Internet because businesses are slow to take up digital technology.
The Internet Association, a group that calls itself the voice of “America’s leading Internet companies” including Google and Facebook, released a paper Tuesday on Canada’s competitiveness in the digital economy.
The report says despite this, Canadian businesses aren’t using digital technology to nearly the same extent as competitors in other countries.
For example, only three per cent of the Canadian retail economy is online compared with 23 per cent in the United Kingdom.
The government recently unveiled its long awaited digital strategy, called Digital Canada 150, but the Internet Association says it must move quickly to make up for lost time.
The report recommends a Digital Renovation Tax Credit to help businesses adopt digital technologies, as well as a more business-friendly approach to online privacy laws.
Agencies/Canadajournal
