A man has been rushed to hospital after being stabbed in the back at Yonge-Dundas Square.

Police say the incident occurred just before 2:30 p.m. on Saturday. The suspect, a white man in a black leather jacket, allegedly fled the scene. He was last seen heading westbound on Dundas Street West.

Toronto Paramedic Services told CP24 that the victim was transported to a trauma centre with serious, but non-life-threatening injuries.

Investigators remain on scene.

This is a developing story. More to come.