Online shopping continues to grow in Canada.
In five years, from 2016 to 2020, e-commerce revenues grew by almost 300%.
A report published Thursday, April 7 by Statistics Canada shows that online sales generated $52.46 billion in 2020.
This represents a 287.37% increase from sales of $13.54 billion in 2016.
In 2016, e-commerce accounted for 2.3% of total retail sales in the country.
This ratio steadily increased to reach 2.7% in 2017, 3.4% in 2018 and 4.2% in 2019.
In 2020, online purchases accounted for 7.8% of total in-store and non-store retail revenue.
Compared to sales of $28.25 billion in 2019, e-commerce revenue increased by 85.7%.
“In 2020, with the onset of the pandemic, retail sales were impacted as consumers changed their buying habits and retailers changed their business practices,” Statistics Canada reported.
In particular, customers spent $669.6 billion at Canadian in-store and non-store retailers in 2020.
This represents a slight decrease of 0.1% in operating income compared to 2019.
Statistics Canada also reported that retail store operating revenues fell in all provinces in 2020 except British Columbia, where they rose 1%.
Meanwhile, four provinces accounted for the largest share of 86.1% of all operating revenue in the country in 2020.
These are Ontario (37.1%), Quebec (21.8%), British Columbia (14.1%) and Alberta (13.1%).
These provinces combined $541.2 billion in total operating revenue in 2020.