B1 DAILY STORY
Canada 18 Jun 2026
Hot bet summer? Soon Canadians will be able to trade on prediction markets
Canadian retail investors will be able to access prediction markets through a Canadian company this summer, after the platforms had been banned for years. Prediction markets are experiencing explosive growth, and seen as both a financial vehicle and as gambling.
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Prediction markets, a fast-growing corner of financial technology that lets users wager on real-world events, are coming to. Canadian retail investors through Wealthsimple this summer. The Toronto-based online financial services company says it is beta testing a new app, Wealthsimple Predict, that will. Offer clients access to event contracts through the U.S. prediction market Kalshi. The launch follows limited approval from Canadian regulators for prediction-market trading tied to economic indicators, financial markets and climate trends. but. Not sports, elections or pop culture. "Prediction markets are the fastest-growing segment of global financial markets," Brett Huneycutt, co-founder and. Chief product officer, of Wealthsimple, said in a statement. Prediction markets operate like financial exchanges, allowing users to bet on what are known as event contracts. simple. Yes-or-no or higher-or-lower wagers on the outcome of real-world events.
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