Toronto: Canadians may soon add investing to their list of favourite online activities.

According to a survey conducted by BMO, the number of online investors could more than triple within the next decade. And a whopping 81% of Canadians between the ages of 18 and 34 say they expect to purchase, sell, manage and monitor their investments online by 2018.

"Canadians clearly are comfortable and have a passion for being online, and the Internet is a growing part of their daily lives," Viki Lazaris, president of BMO InvestorLine, said. "Online investing is a natural extension of that, offering investors more control over their portfolios, the ability to monitor their investments 24/7 and access to extensive research and tools."

The study, which was released Saturday, found that almost 20% of Canadians invest online.

BMO says 77% of us go online to read the news and to bank, 75% use the Internet to stay in touch with family and friends, and 69% log in to game.
(Courtesy: The Toronto Sun)