Shopify Investing $500M in Toronto

Toronto - downtown

CBJ — Shopify Inc. is investing up to $500 million for a downtown Toronto development, more than doubling the company’s footprint in the city.

The Ottawa-based e-commerce company will lease more than 23,000 square meters of space at The Well complex and take occupancy in mid-2022.

Shopify has also made expansion moves in Los Angeles.


CFAeconomic increase - depositphotos_2021941-stock-illustration-arrow-graph-red