Wealthsimple Inc. has formalized a strategic partnership with prediction market operator Kalshi to deploy Wealthsimple Predict, a dedicated trading interface for Canadian residents. This collaboration enables users to wager on real-world outcomes through a curated selection of nearly 4,000 contracts sourced from Kalshi’s broader marketplace. Scheduled for release later this summer, the standalone application adheres strictly to regulations set by the Canadian Investment Regulatory Organization (CIRO). Consequently, the available contract categories are restricted to economic indicators, financial market movements, and climate-related events, while explicitly prohibiting bets on sports results or political elections.

Furthermore, the platform enforces a minimum contract duration of 30 days, ensuring alignment with regulatory standards for speculative instruments.