You may want to pin this ... Pinterest plans to join other American tech heavyweights and open its first Canadian office in Toronto.


READ: Microsoft Is Moving To The Heart Of Downtown Toronto — And Will Be Hiring

Toronto is still waiting to hear whether it will get Amazon and its new HQ2, but we already know we've got Microsoft, Alphabet, and Etsy.

READ: Toronto’s Chances For Amazon’s HQ2 Just Got Even Better

Now, as of October 1, downtown Toronto will be another home for Pinterest as well.

While we know the office will be downtown, Pinterest hasn't given more specifics on the location.

READ: Toronto Is Running Out Of Commercial Real Estate And Has Record High Rent

Former Facebook Canada and Microsoft executive Erin Elofson will head things up for the social media giant in Canada.

"Pinterest is already deeply embedded in our culture," says Elofson in a press release.

"Canadians love Pinterest because they want to discover and try new things. They are relentlessly seeking inspiration to enhance their own lives."

Pinterest was founded in San Francisco in 2009. The company says it hopes to better serve local business, boost international growth and "establish our presence in Canada where national media ad spending is expected to reach $11.52 billion this year."

READ: The Top-Rated Workplaces: Here Are The Best Places To Work In Canada

Personal Finance