One of the major industries, according to a Statistics Canada survey, taking part in electronic commerce is the culture and information sector.  Around 20% of businesses in this sector have an online e-commerce component.  Following up at 17% was private sector education institutes, support services and administrations industries.  Other industries that have been predicted to grow include the banking industry.  By 2004 this industry is expected to have sales in the 12.4 billion US.  Also, another industry that is poised for growth due to the increased bandwidth is the home entertainment sector [10].

Very recently the online pharmacy industry has been gaining attention.  Prescription drugs are generally cheaper in Canada then they are in the United States.  The main reason for this is the exchange rate as well as the price is regulated in Canada.  In order to take advantage of these cheaper prices some US citizens are using Canadian online pharmacies.  They attain price information and order forms from these websites.  Since electronic orders are not allowed the US customers fax in the required information to the online pharmacies to get their prescriptions [11].  

Economic Issues