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11h ago

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

The downtown office advances a global expansion strategy following strong Canadian growth.

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Overview

  • Lyft announced a dedicated office in Toronto’s financial district scheduled for the second half of 2026.
  • The site is planned to host several hundred employees across engineering, product, operations and marketing.
  • The company says the Toronto location will be its second North American tech hub after San Francisco.
  • Recent steps in this strategy include acquiring FreeNow and opening a Barcelona tech hub, alongside buying TBR Global Chauffeuring to enter premium ground transport.
  • Lyft reports Canadian rides rose more than 20% year over year in the first half of 2025 and is launching local partnerships with Nonnina’s Table, Daily Bread Food Bank and The King’s Trust.