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Lyft to Open Toronto Tech Hub in 2026, Its Second in North America

The move underscores Lyft’s push to tap Greater Toronto Area tech talent.

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Overview

  • The downtown office is slated for the second half of 2026 in Toronto’s financial district.
  • The site is planned to house several hundred employees across engineering, product, operations and marketing roles.
  • Lyft says Canadian rides grew more than 20% year over year in the first half of 2025, signaling momentum in the market.
  • The investment includes partnerships with Nonnina’s Table, Daily Bread Food Bank and The King’s Trust to support local communities and job access.
  • The expansion fits a wider strategy that includes buying FreeNow from BMW and Mercedes-Benz, opening a Barcelona tech hub and acquiring TBR Global Chauffeuring.