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Canada’s eBay Growing At A Furious Pace

 Canoe Money

With more and more budding entrepreneurs plying their trades online, Canada’s underground economy is soaring through cyberspace in a big way, experts say.

“There’s always been an underground economy with some businesses, but the Internet’s going to cause a proliferation in the opportunities available,” said Rick Broadhead, a Toronto-based expert on electronic commerce. “There’s a lot more people running home businesses through EBay than there were 10 years ago.”

The popularity of online auction sites continues to grow at a furious pace. Canadian use of such sites grew 22% between May 2005-May 2006, according to comScore Media Metrix.

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