Canadians could soon bet on real-world events through “controversial” predictions trading model

From Global News.

Fintech company Wealthsimple has received the green light from regulators to offer a new and controversial type of financial trading that would allow Canadians to bet on the outcome of real-world events.
Calling it "forecast contracts," the Toronto-based company said it has not yet announced any plans for such a product at this time.

Nivrita Ganguly has more on what this means for the future of prediction trading in Canada.

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