A 17-year-old boy has died following a stabbing in Oshawa on Thursday afternoon.

The incident occurred in a commercial plaza near Taunton and Harmony roads just before 3 p.m.

Witnesses at the scene told investigators a verbal altercation led to the fatal stabbing.

Officers said that the victim was found without vital signs at the scene and was rushed to hospital where he later succumbed to his injuries.

Homicide investigators have taken over the investigation.

A 16-year-old boy has been taken into custody in connection with the case but it is not known what charges, if any, he will be facing.