Best prediction markets in Canada (2026)
Updated 12 Oct 2026
Canada regulates prediction markets at the provincial level. The Ontario Securities Commission settled with Polymarket's operators in April 2025 (two-year Ontario trading ban under the binary-options prohibition).
Kalshi — Restricts event-contract trading throughout Canada (one of 55 restricted jurisdictions).
Polymarket — Geo-blocks Ontario; gray-area access from other provinces.
Manifold — Unrestricted.
Frequently asked questions
Is Polymarket legal in Canada?
Polymarket geo-blocks Ontario residents and operates in a regulatory gray area in other provinces. The CSA has not formally approved it.