Wealthsimple launches regulated prediction markets in Canada
New Wealthsimple Predict app gives Canadians access to thousands of regulated event contracts through Kalshi.
Wealthsimple is launching Wealthsimple Predict, a standalone prediction markets app that will allow Canadian retail investors to trade regulated event contracts through Kalshi, a U.S. federally regulated exchange. The platform will provide access to approximately 4,000 contracts across economic indicators, financial markets, and climate-related events, giving Canadians a regulated way to take positions on future outcomes through a dedicated trading experience.
Key highlights
Regulated prediction markets arrive in Canada: Following approval from the Canadian Investment Regulatory Organization (CIRO) in March 2026, Wealthsimple will offer event and forecast contracts that are regulated as derivatives. The approval makes Wealthsimple one of the few investment dealers authorized to provide prediction market trading in Canada.
Access to thousands of event contracts through Kalshi: The partnership with Kalshi gives Wealthsimple users access to nearly 4,000 contracts tied to economic data, market movements, and climate outcomes. Kalshi operates under the oversight of the U.S. Commodity Futures Trading Commission (CFTC).
Contracts are based on real-world outcomes: Each contract is structured around a yes-or-no event and settles at either $1 or $0 depending on the outcome. Market prices reflect the collective probability assigned to an event by participants at a given time.
Education and risk disclosures are built into the platform: Users will complete a Know Your Client (KYC) process and receive guided onboarding before placing trades. The app also provides contract explanations, settlement details, liquidity notices, and risk disclosures designed to improve understanding of how these markets function.
Product scope is intentionally limited: Wealthsimple will focus on economic, financial, and climate-related contracts and will not offer markets tied to violence, terrorism, or death. The platform also incorporates monitoring and compliance controls aimed at identifying potential market abuse.
What this tells us, and the trend
The launch highlights how regulated prediction markets are moving closer to mainstream investing platforms. Rather than operating on the margins of financial markets, event contracts are increasingly being offered through regulated channels with investor protections, disclosures, and compliance oversight.
The broader trend points toward fintech platforms expanding beyond traditional stocks and ETFs to offer alternative ways for investors to express views on economic and market outcomes, while regulators continue to treat these products within established derivatives frameworks.
