Kalshi's taker fee is 0.07 × contracts × price × (1 − price), times the series multiplier (1 by default) and rounded up to the next cent, so it peaks at 1.75¢ per contract at a 50¢ price. Resting (maker) orders are free on standard series and pay a fee only on the series Kalshi lists with maker fees.
Country-by-country rules, regulator actions and sources for Polymarket and Kalshi.
This is not legal advice, and we don't say whether trading is legal for you in Canada. We report what each platform's published rules say about Canada and the public regulator, court and police actions we could source, each with a date. Those rules change fast, so check the platform's current terms and the law in Canada before doing anything. ‘Not listed’ only means a platform's own list doesn't name Canada; it doesn't mean trading there is permitted.
Status under each platform's own published rules, and the most recent public action we could source, as of 2026-09-24.
Last public action: 2026-08-28 · Independent Gambling Control Office (IGCO), British Columbia · Public warning or intervention (Both platforms)
Source: Secondary report
Dated public actions on record: 2
This page keeps two things apart for Canada: what each platform's own published rules say, and what regulators, courts and police in Canada have publicly done. A platform's list is its own policy and a government order is the government's, so a country can be on one and not the other.
The status labels are the same as in the main table. Restricted means the platform's own list blocks trading from Canada. Close-only means existing users there can close positions but can't open new ones. Some regions means only named regions are restricted. Separate product means residents use a different, separately regulated product, as US residents do with the Polymarket US app. Not listed means the platform's published list doesn't name Canada; that is not the same as permitted, and a regulator may still block the site.
Polymarket publishes two official lists that don't fully match: its Help Center page (updated August 14, 2026) and its developer docs (undated). We follow the dated Help Center list and say where the developer docs differ. Kalshi statuses follow its Member Agreement as fetched on September 24, 2026; the agreement itself is undated.
Each action shows the authority as it names itself, what it did, the platform it concerns and the date: the date of the action where it was published, otherwise the date it was first reported. Every entry is marked Official, Platform document or Secondary report. Where only secondary reporting exists, we say ‘reported by’ and name the outlet; where official sources conflict, we report both.
‘No public action found’ means our searches found none, not that none exists. Nothing on this page says whether trading is legal for you: for that, check the platforms' current terms and the law in Canada.
Polymarket's Help Center page on geographic restrictions (updated August 14, 2026) does not block Canada as a country. Its table of blocked regions names four provinces: Alberta, British Columbia, Ontario and Quebec. For Ontario it adds: ‘Trading services are unavailable. Users can access market data globally but cannot deposit or trade, including via the iOS app.’ The other three provinces are listed without special wording. Polymarket's developer geoblock docs (undated) list the same four provinces (CA-AB, CA-BC, CA-ON, CA-QC) as close-only on both the website and the API. The two documents differ on Ontario: the Help Center says users cannot deposit or trade, the developer docs say close-only, and the OSC undertaking described below lets Ontario residents close existing positions.
The other six provinces and the three territories appear on neither Polymarket list, so their status here is Not listed. That is Polymarket's own list, not a legal status, and the securities and gambling regulators' positions described below apply across Canada. Ontario has been restricted since the Ontario Securities Commission settlement (approved April 17, 2025). Alberta, British Columbia and Quebec were added by a Polymarket Terms of Service update dated July 6, 2026; Canadian Gaming Business reported on July 13, 2026 that Alberta's minister responsible for gaming, Dale Nally, said ‘Polymarket made the decision themselves to geo-fence themselves out’, and we found no public regulator order behind the three additions.
Block type: Polymarket's restriction is a platform geoblock. We found no ISP or DNS block order and no app-store removal order against Polymarket in any Canadian province or territory. Polymarket's Help Center says that using a VPN to get around its restrictions violates its Terms of Use.
Kalshi's Member Agreement, section VI (Restricted Jurisdictions), lists Canada as a whole. Canada was on the first published list, in Kalshi's Exchange Notice of October 23, 2025, and is still listed in the agreement as fetched on September 24, 2026, so Kalshi's status for every province and territory is Restricted. We found no Canadian regulator or court action directed specifically at Kalshi.
Kalshi contracts reach Canada through a separately regulated partner instead. On June 18, 2026 Kalshi announced ‘Wealthsimple Predict’, a standalone app for Canadian residents that offers about 4,000 Kalshi contracts on economic indicators, financial markets and climate, with identity checks and settlement at least 30 days out; sports and political contracts are excluded. Wealthsimple was authorised by CIRO in March 2026, and the launch was announced for summer 2026. Kalshi.com itself remains restricted for people in Canada.
Two sets of provincial regulators are involved. On the securities side, the Ontario Securities Commission (OSC), Quebec's Autorité des marchés financiers (AMF), the British Columbia Securities Commission (BCSC) and the Alberta Securities Commission (ASC) act together through the Canadian Securities Administrators (CSA) and the self-regulatory organisation CIRO. The rule they cite is Multilateral Instrument 91-102, Prohibition of Binary Options, section 2, which bars advertising, offering, selling or trading binary options, that is, yes/no contracts settling in under 30 days, with individuals; MI 91-102 applies in every province except British Columbia, which has an equivalent restriction (BC Notice 2017/02). On the gambling side, online gambling is run province by province under the Criminal Code's conduct-and-manage model, by bodies such as the AGCO and iGaming Ontario, British Columbia's Independent Gambling Control Office (IGCO), Alberta's AGLC and Loto-Québec; of these, only the IGCO has publicly named the platforms.
April 17, 2025 (official): the Ontario Capital Markets Tribunal approved a settlement, dated March 31, 2025, between the OSC and Blockratize Inc. and Adventure One QSS Inc., the current and former operators of Polymarket. The settlement concerned a breach of MI 91-102 section 2 between June 16, 2020 and May 26, 2023; the OSC counted 28,454 site visitors with Ontario location data and US$22,966.75 in revenue attributed to Ontario. Sanctions: a C$200,000 administrative penalty, C$25,000 in costs, a voluntary payment of US$22,966.75, and two-year bans from trading in Ontario's markets and from acting as a registrant or promoter, running from the order date. The operators undertook to stop Ontario residents depositing and trading through the Polymarket interface, ‘with the exception of permitting them to close out any existing positions’, to keep their terms of service updated and to post a notice on the site. The matter ended in settlement; there was no appeal.
August 27, 2026 (official): the CSA and CIRO published Joint Staff Notice 91-307, Guidance Related to Event Contracts. It says event contracts on economic, environmental or financial indicators can be offered by authorised CIRO dealer members (two authorised so far), must settle 30 or more days out and trade on US venues regulated by the CFTC; that event contracts based on sports or entertainment outcomes ‘should not be regulated within securities and derivatives legislation’, which leaves them to provincial gambling law; and that ‘a platform or dealer that facilitates access to an Event Contract should not assume that the product is outside Canadian securities regulation merely because it is offered through a foreign venue.’ The notice does not name Polymarket or Kalshi and does not mention political contracts. Earlier, Canadian Gaming Business quoted a CIRO spokesperson on June 18, 2026: ‘prediction-market products are not entitled to enter Canadian markets simply because they exist elsewhere.’
August 28, 2026 (secondary): British Columbia's Independent Gambling Control Office said, in a statement naming Polymarket and Kalshi and reported by Black Press and CDC Gaming, that ‘any unregulated online gambling or prediction market operator that offers products based on sports or entertainment outcomes and allows users in B.C. to access their site is operating illegally in our province.’ The statement describes no enforcement step. We found no court challenge to any of these actions and no lifted or reversed action as of September 26, 2026.
The entries below are rendered from the same dated data as the main country table, newest first. Each row shows the date, the authority as it names itself, the type of action, the platform it concerns and the source with its type.
| Date | Authority | Action | Platform | Source |
|---|---|---|---|---|
| 2026-08-28 | Independent Gambling Control Office (IGCO), British Columbia | Public warning or intervention | Both platforms | Source Secondary report Checked 2026-09-26 Also reported by: Secondary report |
| 2025-04-17 | Ontario Securities Commission (settlement approved by the Capital Markets Tribunal) | Fine or penalty | Polymarket | Source Official Checked 2026-09-24 |
Public regulator, court and police actions concerning Polymarket and Kalshi in Canada, as of 2026-09-24. Not legal advice.
This section reports what the law and the authorities in Canada have said about people who take part in these markets, and any enforcement against users that has been made public. It describes; it doesn't advise.
Every action found targets operators and dealers. MI 91-102 prohibits the offering, selling and trading of binary options with individuals; it is directed at the party offering them. The OSC settlement sanctions Polymarket's operating companies, not Ontario users, and its undertaking expressly allows Ontario residents to close positions they already held. The IGCO statement describes the operator, not the user, as acting illegally.
We found no Canadian statement on penalties for users of either platform, no prosecution of a user, no Canada Revenue Agency statement specific to prediction-market winnings, and no Canadian bank restriction naming the platforms.
Canada is the only country PolyKal tracks where a regulator-licensed route to Kalshi contracts exists (Wealthsimple Predict) while Kalshi's own site is restricted. The sequence in 2026 was: the Wealthsimple announcement on June 18, Polymarket's own geofencing of Alberta, British Columbia and Quebec in its terms of July 6, and the CSA/CIRO notice on August 27.
Paul Burns, president of the Canadian Gaming Association, said on August 31, 2026 (reported by SBC Americas): ‘Sports wagering is sports betting, whatever the platform, and it belongs within the framework that provinces have built.’ Polymarket's two-year Ontario bans run from the April 17, 2025 order, so they end around April 2027; whether Ontario access changes then is not known.
PolyKal is a read-only research site, and it does not restrict access by country, including from Canada. Its public pages, including prices on both platforms, order-book depth, after-fee cost comparisons, the fee calculator, and large-trade and whale data, need no account. You don't need a VPN to use them.
Viewing public market data is not trading. PolyKal doesn't place orders, hold funds or give access to trading on either platform, and a restriction on Polymarket or Kalshi in Canada still applies to trading there. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions; getting around a block can also break local law. PolyKal doesn't help anyone get around them.
Start with the compare page, the fee calculator or large trades, or read how Polymarket works and how Kalshi works.
Canada is one of 27 countries, plus the United States, that PolyKal tracks. The full availability table shows every country's status under each platform's rules and its regulator actions side by side, with the same dates and sources as this page, and its change log lists every edit we make.
Every entry is re-checked at least once a quarter, and sooner when a platform or regulator announces a change. The next scheduled full re-check is shown in the sidebar.
Not nationally, under Polymarket's own rules. Its Help Center (updated August 14, 2026) restricts four provinces, Alberta, British Columbia, Ontario and Quebec, and doesn't list the rest of Canada. Ontario's restriction follows the 2025 Ontario Securities Commission settlement; the other three provinces were added by Polymarket's own terms update of July 6, 2026. We found no order by any Canadian government requiring internet providers to block the site. ‘Not listed’ for the other provinces is Polymarket's list, not a legal status.
Kalshi's Member Agreement lists Canada as a restricted jurisdiction, and has since its first published list of October 23, 2025. Kalshi has instead announced a partner product, Wealthsimple Predict, for Canadian residents, limited to economic, financial and climate contracts settling 30 or more days out under a CIRO-authorised dealer; sports and politics are excluded.
Because of a securities rule. Ontario applies Multilateral Instrument 91-102, which prohibits offering binary options, yes/no contracts settling in under 30 days, to individuals. The settlement approved on April 17, 2025 concerned breaches of that rule by Polymarket's operators between 2020 and 2023; they accepted a C$200,000 administrative penalty plus costs and two-year bans, and undertook to stop Ontario residents depositing and trading while letting them close existing positions.
We can't tell you whether it is legal for you, and this page is not legal advice. What we can report: the securities rule at issue, MI 91-102, is aimed at whoever offers or sells binary options to individuals; the Ontario settlement sanctions Polymarket's operators, not users; British Columbia's gambling regulator described unlicensed operators, not users, as acting illegally; and we found no enforcement against an individual user. Check the current law in your province and the platforms' terms before doing anything.
On PolyKal, yes: it is a read-only research site that shows prices, order-book depth and large trades on both platforms without an account, and it does not restrict access by country or province. Viewing data is not trading; PolyKal does not place orders and does not help anyone get around a restriction.
No. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions. Getting around a block can also break local law. You don't need a VPN to research these markets: PolyKal's prices, order books and fee calculator don't require one.
We re-check every country page at least once a quarter, and sooner when a platform or regulator announces a change; each rule and action on the page shows its own date and source. If you spot something out of date for Canada, email [email protected] with a link to the new rule or order.
Every statement on this page rests on the sources below. Platform rules were checked against Polymarket's and Kalshi's own pages on September 24, 2026; regulator, court and police actions were checked against the sources listed on September 24–26, 2026. Each source is marked as official, a platform document or a secondary report. Where only secondary reporting was available, we cite it and say so; where official sources conflict, we report both. We re-verify this page quarterly.
Official: Settlement agreement, OSC v. Blockratize Inc. and Adventure One QSS Inc. (PDF, Capital Markets Tribunal) (March 31, 2025); Decision in brief, Capital Markets Tribunal (April 17, 2025); OSC news release on the settlement (April 17, 2025); CSA news release: CSA and CIRO provide guidance on certain types of event contracts (Staff Notice 91-307) (August 27, 2026).
Platform documents specific to Canada: Kalshi Exchange Notice, Updated Member Agreement (PDF) (October 23, 2025); Kalshi blog: Wealthsimple and Kalshi partner to bring prediction markets to Canada (June 18, 2026); Wealthsimple newsroom announcement (June 2026, company statement).
Secondary: McCarthy Tétrault, law-firm note on Staff Notice 91-307 (August 27, 2026); Canadian Gaming Business, on Polymarket's province geofencing (July 13, 2026); Canadian Gaming Business, on Kalshi and Wealthsimple (June 18, 2026); Caledonia Courier / Black Press, on the IGCO statement (August 28, 2026); CDC Gaming, on the IGCO statement (August 2026); SBC Americas, on sports prediction markets in Canada (August 31, 2026).
Platform documents (all countries): Polymarket Help Center: Geographic restrictions (updated August 14, 2026), Polymarket developer docs: Geoblock (undated), Kalshi Member Agreement (undated; fetched September 24, 2026) and Kalshi Help Center: trading from outside the US (updated March 20, 2026).
PolyKal is an independent research tool. We are not affiliated with, endorsed by, or operated by Polymarket or Kalshi. We report each platform's published rules and public regulator, court and police actions in Canada; we don't say whether trading is legal for you, and we don't help anyone get around a platform's restrictions. Last reviewed September 26, 2026. Not legal or financial advice.
Know of a newer rule, order or court decision for Canada? Email [email protected] with a link to it.
Kalshi's taker fee is 0.07 × contracts × price × (1 − price), times the series multiplier (1 by default) and rounded up to the next cent, so it peaks at 1.75¢ per contract at a 50¢ price. Resting (maker) orders are free on standard series and pay a fee only on the series Kalshi lists with maker fees.
Country-by-country rules, regulator actions and sources for Polymarket and Kalshi.
This is not legal advice, and we don't say whether trading is legal for you in Canada. We report what each platform's published rules say about Canada and the public regulator, court and police actions we could source, each with a date. Those rules change fast, so check the platform's current terms and the law in Canada before doing anything. ‘Not listed’ only means a platform's own list doesn't name Canada; it doesn't mean trading there is permitted.
Status under each platform's own published rules, and the most recent public action we could source, as of 2026-09-24.
Last public action: 2026-08-28 · Independent Gambling Control Office (IGCO), British Columbia · Public warning or intervention (Both platforms)
Source: Secondary report
Dated public actions on record: 2
This page keeps two things apart for Canada: what each platform's own published rules say, and what regulators, courts and police in Canada have publicly done. A platform's list is its own policy and a government order is the government's, so a country can be on one and not the other.
The status labels are the same as in the main table. Restricted means the platform's own list blocks trading from Canada. Close-only means existing users there can close positions but can't open new ones. Some regions means only named regions are restricted. Separate product means residents use a different, separately regulated product, as US residents do with the Polymarket US app. Not listed means the platform's published list doesn't name Canada; that is not the same as permitted, and a regulator may still block the site.
Polymarket publishes two official lists that don't fully match: its Help Center page (updated August 14, 2026) and its developer docs (undated). We follow the dated Help Center list and say where the developer docs differ. Kalshi statuses follow its Member Agreement as fetched on September 24, 2026; the agreement itself is undated.
Each action shows the authority as it names itself, what it did, the platform it concerns and the date: the date of the action where it was published, otherwise the date it was first reported. Every entry is marked Official, Platform document or Secondary report. Where only secondary reporting exists, we say ‘reported by’ and name the outlet; where official sources conflict, we report both.
‘No public action found’ means our searches found none, not that none exists. Nothing on this page says whether trading is legal for you: for that, check the platforms' current terms and the law in Canada.
Polymarket's Help Center page on geographic restrictions (updated August 14, 2026) does not block Canada as a country. Its table of blocked regions names four provinces: Alberta, British Columbia, Ontario and Quebec. For Ontario it adds: ‘Trading services are unavailable. Users can access market data globally but cannot deposit or trade, including via the iOS app.’ The other three provinces are listed without special wording. Polymarket's developer geoblock docs (undated) list the same four provinces (CA-AB, CA-BC, CA-ON, CA-QC) as close-only on both the website and the API. The two documents differ on Ontario: the Help Center says users cannot deposit or trade, the developer docs say close-only, and the OSC undertaking described below lets Ontario residents close existing positions.
The other six provinces and the three territories appear on neither Polymarket list, so their status here is Not listed. That is Polymarket's own list, not a legal status, and the securities and gambling regulators' positions described below apply across Canada. Ontario has been restricted since the Ontario Securities Commission settlement (approved April 17, 2025). Alberta, British Columbia and Quebec were added by a Polymarket Terms of Service update dated July 6, 2026; Canadian Gaming Business reported on July 13, 2026 that Alberta's minister responsible for gaming, Dale Nally, said ‘Polymarket made the decision themselves to geo-fence themselves out’, and we found no public regulator order behind the three additions.
Block type: Polymarket's restriction is a platform geoblock. We found no ISP or DNS block order and no app-store removal order against Polymarket in any Canadian province or territory. Polymarket's Help Center says that using a VPN to get around its restrictions violates its Terms of Use.
Kalshi's Member Agreement, section VI (Restricted Jurisdictions), lists Canada as a whole. Canada was on the first published list, in Kalshi's Exchange Notice of October 23, 2025, and is still listed in the agreement as fetched on September 24, 2026, so Kalshi's status for every province and territory is Restricted. We found no Canadian regulator or court action directed specifically at Kalshi.
Kalshi contracts reach Canada through a separately regulated partner instead. On June 18, 2026 Kalshi announced ‘Wealthsimple Predict’, a standalone app for Canadian residents that offers about 4,000 Kalshi contracts on economic indicators, financial markets and climate, with identity checks and settlement at least 30 days out; sports and political contracts are excluded. Wealthsimple was authorised by CIRO in March 2026, and the launch was announced for summer 2026. Kalshi.com itself remains restricted for people in Canada.
Two sets of provincial regulators are involved. On the securities side, the Ontario Securities Commission (OSC), Quebec's Autorité des marchés financiers (AMF), the British Columbia Securities Commission (BCSC) and the Alberta Securities Commission (ASC) act together through the Canadian Securities Administrators (CSA) and the self-regulatory organisation CIRO. The rule they cite is Multilateral Instrument 91-102, Prohibition of Binary Options, section 2, which bars advertising, offering, selling or trading binary options, that is, yes/no contracts settling in under 30 days, with individuals; MI 91-102 applies in every province except British Columbia, which has an equivalent restriction (BC Notice 2017/02). On the gambling side, online gambling is run province by province under the Criminal Code's conduct-and-manage model, by bodies such as the AGCO and iGaming Ontario, British Columbia's Independent Gambling Control Office (IGCO), Alberta's AGLC and Loto-Québec; of these, only the IGCO has publicly named the platforms.
April 17, 2025 (official): the Ontario Capital Markets Tribunal approved a settlement, dated March 31, 2025, between the OSC and Blockratize Inc. and Adventure One QSS Inc., the current and former operators of Polymarket. The settlement concerned a breach of MI 91-102 section 2 between June 16, 2020 and May 26, 2023; the OSC counted 28,454 site visitors with Ontario location data and US$22,966.75 in revenue attributed to Ontario. Sanctions: a C$200,000 administrative penalty, C$25,000 in costs, a voluntary payment of US$22,966.75, and two-year bans from trading in Ontario's markets and from acting as a registrant or promoter, running from the order date. The operators undertook to stop Ontario residents depositing and trading through the Polymarket interface, ‘with the exception of permitting them to close out any existing positions’, to keep their terms of service updated and to post a notice on the site. The matter ended in settlement; there was no appeal.
August 27, 2026 (official): the CSA and CIRO published Joint Staff Notice 91-307, Guidance Related to Event Contracts. It says event contracts on economic, environmental or financial indicators can be offered by authorised CIRO dealer members (two authorised so far), must settle 30 or more days out and trade on US venues regulated by the CFTC; that event contracts based on sports or entertainment outcomes ‘should not be regulated within securities and derivatives legislation’, which leaves them to provincial gambling law; and that ‘a platform or dealer that facilitates access to an Event Contract should not assume that the product is outside Canadian securities regulation merely because it is offered through a foreign venue.’ The notice does not name Polymarket or Kalshi and does not mention political contracts. Earlier, Canadian Gaming Business quoted a CIRO spokesperson on June 18, 2026: ‘prediction-market products are not entitled to enter Canadian markets simply because they exist elsewhere.’
August 28, 2026 (secondary): British Columbia's Independent Gambling Control Office said, in a statement naming Polymarket and Kalshi and reported by Black Press and CDC Gaming, that ‘any unregulated online gambling or prediction market operator that offers products based on sports or entertainment outcomes and allows users in B.C. to access their site is operating illegally in our province.’ The statement describes no enforcement step. We found no court challenge to any of these actions and no lifted or reversed action as of September 26, 2026.
The entries below are rendered from the same dated data as the main country table, newest first. Each row shows the date, the authority as it names itself, the type of action, the platform it concerns and the source with its type.
Public regulator, court and police actions concerning Polymarket and Kalshi in Canada, as of 2026-09-24. Not legal advice.
This section reports what the law and the authorities in Canada have said about people who take part in these markets, and any enforcement against users that has been made public. It describes; it doesn't advise.
Every action found targets operators and dealers. MI 91-102 prohibits the offering, selling and trading of binary options with individuals; it is directed at the party offering them. The OSC settlement sanctions Polymarket's operating companies, not Ontario users, and its undertaking expressly allows Ontario residents to close positions they already held. The IGCO statement describes the operator, not the user, as acting illegally.
We found no Canadian statement on penalties for users of either platform, no prosecution of a user, no Canada Revenue Agency statement specific to prediction-market winnings, and no Canadian bank restriction naming the platforms.
Canada is the only country PolyKal tracks where a regulator-licensed route to Kalshi contracts exists (Wealthsimple Predict) while Kalshi's own site is restricted. The sequence in 2026 was: the Wealthsimple announcement on June 18, Polymarket's own geofencing of Alberta, British Columbia and Quebec in its terms of July 6, and the CSA/CIRO notice on August 27.
Paul Burns, president of the Canadian Gaming Association, said on August 31, 2026 (reported by SBC Americas): ‘Sports wagering is sports betting, whatever the platform, and it belongs within the framework that provinces have built.’ Polymarket's two-year Ontario bans run from the April 17, 2025 order, so they end around April 2027; whether Ontario access changes then is not known.
PolyKal is a read-only research site, and it does not restrict access by country, including from Canada. Its public pages, including prices on both platforms, order-book depth, after-fee cost comparisons, the fee calculator, and large-trade and whale data, need no account. You don't need a VPN to use them.
Viewing public market data is not trading. PolyKal doesn't place orders, hold funds or give access to trading on either platform, and a restriction on Polymarket or Kalshi in Canada still applies to trading there. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions; getting around a block can also break local law. PolyKal doesn't help anyone get around them.
Start with the compare page, the fee calculator or large trades, or read how Polymarket works and how Kalshi works.
Canada is one of 27 countries, plus the United States, that PolyKal tracks. The full availability table shows every country's status under each platform's rules and its regulator actions side by side, with the same dates and sources as this page, and its change log lists every edit we make.
Every entry is re-checked at least once a quarter, and sooner when a platform or regulator announces a change. The next scheduled full re-check is shown in the sidebar.
Not nationally, under Polymarket's own rules. Its Help Center (updated August 14, 2026) restricts four provinces, Alberta, British Columbia, Ontario and Quebec, and doesn't list the rest of Canada. Ontario's restriction follows the 2025 Ontario Securities Commission settlement; the other three provinces were added by Polymarket's own terms update of July 6, 2026. We found no order by any Canadian government requiring internet providers to block the site. ‘Not listed’ for the other provinces is Polymarket's list, not a legal status.
Kalshi's Member Agreement lists Canada as a restricted jurisdiction, and has since its first published list of October 23, 2025. Kalshi has instead announced a partner product, Wealthsimple Predict, for Canadian residents, limited to economic, financial and climate contracts settling 30 or more days out under a CIRO-authorised dealer; sports and politics are excluded.
Because of a securities rule. Ontario applies Multilateral Instrument 91-102, which prohibits offering binary options, yes/no contracts settling in under 30 days, to individuals. The settlement approved on April 17, 2025 concerned breaches of that rule by Polymarket's operators between 2020 and 2023; they accepted a C$200,000 administrative penalty plus costs and two-year bans, and undertook to stop Ontario residents depositing and trading while letting them close existing positions.
We can't tell you whether it is legal for you, and this page is not legal advice. What we can report: the securities rule at issue, MI 91-102, is aimed at whoever offers or sells binary options to individuals; the Ontario settlement sanctions Polymarket's operators, not users; British Columbia's gambling regulator described unlicensed operators, not users, as acting illegally; and we found no enforcement against an individual user. Check the current law in your province and the platforms' terms before doing anything.
On PolyKal, yes: it is a read-only research site that shows prices, order-book depth and large trades on both platforms without an account, and it does not restrict access by country or province. Viewing data is not trading; PolyKal does not place orders and does not help anyone get around a restriction.
No. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions. Getting around a block can also break local law. You don't need a VPN to research these markets: PolyKal's prices, order books and fee calculator don't require one.
We re-check every country page at least once a quarter, and sooner when a platform or regulator announces a change; each rule and action on the page shows its own date and source. If you spot something out of date for Canada, email [email protected] with a link to the new rule or order.
Every statement on this page rests on the sources below. Platform rules were checked against Polymarket's and Kalshi's own pages on September 24, 2026; regulator, court and police actions were checked against the sources listed on September 24–26, 2026. Each source is marked as official, a platform document or a secondary report. Where only secondary reporting was available, we cite it and say so; where official sources conflict, we report both. We re-verify this page quarterly.
Official: Settlement agreement, OSC v. Blockratize Inc. and Adventure One QSS Inc. (PDF, Capital Markets Tribunal) (March 31, 2025); Decision in brief, Capital Markets Tribunal (April 17, 2025); OSC news release on the settlement (April 17, 2025); CSA news release: CSA and CIRO provide guidance on certain types of event contracts (Staff Notice 91-307) (August 27, 2026).
Platform documents specific to Canada: Kalshi Exchange Notice, Updated Member Agreement (PDF) (October 23, 2025); Kalshi blog: Wealthsimple and Kalshi partner to bring prediction markets to Canada (June 18, 2026); Wealthsimple newsroom announcement (June 2026, company statement).
Secondary: McCarthy Tétrault, law-firm note on Staff Notice 91-307 (August 27, 2026); Canadian Gaming Business, on Polymarket's province geofencing (July 13, 2026); Canadian Gaming Business, on Kalshi and Wealthsimple (June 18, 2026); Caledonia Courier / Black Press, on the IGCO statement (August 28, 2026); CDC Gaming, on the IGCO statement (August 2026); SBC Americas, on sports prediction markets in Canada (August 31, 2026).
Platform documents (all countries): Polymarket Help Center: Geographic restrictions (updated August 14, 2026), Polymarket developer docs: Geoblock (undated), Kalshi Member Agreement (undated; fetched September 24, 2026) and Kalshi Help Center: trading from outside the US (updated March 20, 2026).
PolyKal is an independent research tool. We are not affiliated with, endorsed by, or operated by Polymarket or Kalshi. We report each platform's published rules and public regulator, court and police actions in Canada; we don't say whether trading is legal for you, and we don't help anyone get around a platform's restrictions. Last reviewed September 26, 2026. Not legal or financial advice.
Know of a newer rule, order or court decision for Canada? Email [email protected] with a link to it.