The Globe and Mail reports in its Friday edition that Canada's banks are implementing prediction market betting rules for their employees, with some barring certain staff from wagering on particular types of events. The Globe's Alexandra Posadzki writes that RBC, Scotiabank, TD Bank, National Bank and Manulife have all updated their employee policies in response to the newly launched exchanges, which allow users to wager on events such as Bank of Canada interest rate decisions or corporate earnings metrics. Personal trading policies dictate how employees at financial institutions can trade securities in their personal investment accounts. They typically apply to employees who have access to material non-public information, such as those working in investment banking, capital markets and wealth management, preventing them from using that information for financial gain. The new rules and policy clarifications follow similar measures by financial institutions in the United States, where prediction market platforms such as Polymarket and Kalshi have become increasingly popular. In Canada, only three categories of bets are currently permitted: economic forecasts, environment forecasts and financial indicators.