Press note
Is Polymarket Legal in Canada? Kalshi, Polymarket and the Provinces
0Prediction markets recognised or registered in Canada
As the Canadian Securities Administrators and CIRO said on 2 April 2026; Vultax found no later recognition
Kalshi's agreement restricts its event contracts in all of Canada, Polymarket limits four provinces, and Canada's securities regulators have recognised no prediction market. Province by province, with Ontario's 2025 order. No prediction market is recognised as an exchange or registered as a dealer in Canada. The Canadian Securities Administrators and the Canadian Investment Regulatory Organization said so on 2 April 2026, and Vultax found nothing since that changes it. The venues' own documents reflect that. Kalshi's member agreement lists Canada among the places where trading its event contracts is restricted. Polymarket's developer documentation lets people in Alberta, British Columbia, Ontario and Quebec only close positions on polymarket.com; its help page goes further and calls those four provinces blocked. Polymarket US is built for US residents.
Sources checked 30 October 2026.
Supporting figures
- 4 — Provinces where polymarket.com is close-onlyAlberta, British Columbia, Ontario and Quebec in the developer documentation; the help page calls them blocked
- Restricted — Kalshi event contractsCanada is on the list in section VI of Kalshi's member agreement, version of 1 October 2026
- C$200,000 — Ontario penalty for Polymarket's operatorsCapital Markets Tribunal order of 17 April 2025, plus C$25,000 costs and a US$22,966.75 voluntary payment
Images
Share card, 1200×630 — the headline figure and the title, rendered. Credit Vultax Research.
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Links
- The study
- Full text, sources and method
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- Every published table and chart, with units and sources
- Open the prediction terminal
- Live Polymarket markets, topics and traders in one screen. Vultax shows market data; it does not take bets or open accounts.
Press contact
Vultax Research — [email protected]
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How to cite
Vultax Research Team, Is Polymarket Legal in Canada? Kalshi, Polymarket and the Provinces, 2026-10-30, https://vultax.com/research/prediction-market-legality/canada
Published 2026-10-30. Figures are the published study; live screens move. Plain-text version, Use our data