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CIRO allows Wealthsimple to offer restricted event contracts in Canada

Regulation

Canada’s Canadian Investment Regulatory Organization (CIRO) authorised Wealthsimple to offer event contracts, according to the report. The approval covers economic, environmental and financial indicators, but excludes contracts on sports and political events. Other provinces and territories may still refuse access to the platform.

The restrictions leave sports and political event contracts outside Wealthsimple’s approved Canadian offering.

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Regulation

Polymarket blocks access in Alberta, British Columbia and Quebec

Polymarket has added Alberta, British Columbia and Quebec to the Canadian provinces where it blocks access to its trading exchange, according to its terms of use. Alberta minister Dale Nally said the company had made the decision itself; Polymarket had not replied to a request for comment by publication. The platform is already barred from operating in Ontario under a two-year settlement with the Ontario Securities Commission.

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