Strengthening Toronto’s Economy with Thousands of New Jobs

Uber is having a huge impact on Toronto’s economy by creating new employment opportunities and connecting people with safe, reliable and affordable transportation options.

Since we arrived in Toronto over 3 years ago, thousands of drivers have turned to Uber for new economic opportunities. This year alone we’re on track to create the equivalent of 8,000 full-time jobs in our city.

More than 8,000 New Jobs

Uber empowers thousands of local drivers to benefit from the platform, and in turn helps boost local economies in Canada.

Thousands of Torontonians – working moms, young professionals, retirees, recent graduates, and more – are choosing to drive with Uber. We hear everyday from driver partners that the flexibility of earning on the Uber platform is one of the things they love the most because it means that they can supplement their income and achieve their goals whenever works best for them.

By creating the equivalent of over 8,000 new full-time jobs in 2015, the potential for growth is so strong that Uber is on track to generate more opportunities in Toronto than any other new business in the city. (note: full-time job equivalents based on a 40-hour week)

Driving the Sharing Economy

The new Sharing Economy – which empowers people to earn money from assets they own, like cars and houses – continues to gain momentum in Canada. With new technology, like the Uber platform, sharing assets has become seamless which has led to rapid growth. In fact, PriceWaterhouseCoopers estimates that the Sharing Economy will grow to $335 billion by 2025.

This growth is having a huge impact on our economy and the livelihoods of our drivers and riders and we’re thrilled to be a part of driving this change. Across Toronto, we’re already seeing an impact, with drivers on the platform bringing in over $6 million in earnings last month.

Thousands of Safe, Reliable Rides

Everyday, thousands of Torontonians are choosing Uber to connect to safe, reliable and affordable rides that support our city’s economy, innovation and small business growth. In fact last month alone, we reached half a million rides per month in Toronto.

We’re proud of our role in strengthening Toronto’s economy, but we’re not done yet. We look forward to continuing our work with Mayor Tory and City Council to create more choice, more economic opportunity and safer streets in our city.

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