Goyo was born in Toronto, Ontario, the son of Debra, a former model and singer who manages his career, and David Goyo. He has two siblings, Devon and Dallas.
Goyo appeared in his first commercial as an infant, after which he landed various roles in television and animation series. His featured television work includes Disney's JoJo's Circus in 2005, Ultra in 2006, Super Why! in 2008, Murdoch Mysteries in 2008, The Listener in 2009, My Neighbor's Secret in 2009, Happy Town in 2010 and a recurring role as Timmy Tibble on the children's television series Arthur in 2010. Goyo also completed a series lead role in the ABC Pilot Solving Charlie in 2009, playing Charlie, an orphaned child who has an IQ of 190 and helps his long-lost brother, an aspiring detective, to solve crimes. Goyo played Teddy, the son of Josh Hartnett's character, in the 2007 film Resurrecting the Champ and played Timmy, grandson of Susan Sarandon's character, in the 2007 film Emotional Arithmetic. By late September 2010, Goyo had finished filming Real Steel and was cast as young Thor in the Marvel feature Thor opposite Ted Allpress as the young Loki, released in May 2011. At the age of 11, Goyo was cast as Jamie in the Dreamworks Animation feature Rise of the Guardians (2012). He is currently involved in acting in the upcoming 2013 film Dark Skies.
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Dakota stars as Jamie, a human boy who joins forces with the Guardians.
“I loved the movie. Accomplished the only word I can think of to describe it. I felt very happy to see it and the laughing during the jokes felt very good. You may like a guardian more than the other ones and when you get them all together everyone wants to go see it.” 
- He is also best known for playing Max Kenton in the film Real Steel (2011), along with fellow actor, Hugh Jackman.
- Dakota's favorite guardian is The Sandman
- Dakota's voice kept getting deeper through the two years of production of the movie so he has to make his voice high pitch.
- Dakota said that Jamie's center will be trust.