TOTAL VOLUME:
$142.3b
24H VOL:
$107,419,736
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,594,026,835
471,138
Markets across
35,775
events
MATCHED EVENTS:
2,926
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Time left: 11d:09h:24m
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This market tracks the outcome of the 2026 Toronto mayoral election, asking which candidate will ultimately win. Currently, the consensus probability of Olivia Chow winning is 78.0%. This forecast aggregates data from Kalshi and Polymarket, and will resolve based on a consensus of credible reporting and official information from the City of Toronto. Keep an eye on the official election results following the vote on October 27, 2026, to see how the market aligns with the final outcome.
The 2026 Toronto mayoral election is currently scheduled to be held on October 26, 2026. This market will resolve according to the candidate who becomes the next mayor of Toronto as a result of this election. Temporary, interim, or placeholder mayors appointed before the election will not be considered. If the result of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". The primary resolution source for this market will be a consensus of credible reporting; however, if there is any ambiguity in the results, this market will resolve according to official information from Toronto.
The market resolves based on the official certification or declaration by the relevant Toronto electoral authority. The winner is the candidate who wins according to Toronto's electoral system and either is inaugurated and takes office or the scheduled inauguration date passes without a different candidate taking office. Contested results are resolved based on the final certified outcome by the appropriate electoral authority or highest court with jurisdiction. The market remains open until the rescheduled election or two years from the original date, whichever comes first. If results are annulled by a court or authority after announcement but before the winner takes office, the contract remains open until a re-run election or expiration.
Prediction market odds often offer a different perspective than traditional polling data. While polls capture stated preferences, this market reflects what individuals are willing to *bet* on, potentially revealing more about perceived likelihood of success. Polling averages can be influenced by factors like sampling bias or question wording, whereas the financial stakes in this market incentivize participants to be as accurate as possible. It's important to note that both sources of information provide valuable insights, and discrepancies can highlight areas of uncertainty or hidden information surrounding the Toronto mayoral election.
Prices for the Toronto mayoral election can vary between Polymarket and Kalshi due to several factors. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform has its own user base, trading rules, and fee structures, which can influence price discovery. Additionally, differing levels of liquidity on each platform can lead to temporary price discrepancies. Currently, Polymarket currently favors Will Olivia Chow win the 2026 Toronto mayoral election? at 71.5%, while Kalshi leans toward Will Olivia Chow win the 2026 Toronto mayoral election? at 74.0%. These differences aren't necessarily contradictions, but rather reflect the unique dynamics of each market.
This market resolves around Oct 27, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will be based on the official results announced by the City of Toronto following the mayoral election. The market will determine the winner based on which candidate receives the most votes, as reported by official sources. Traders will be able to see the final outcome and the resulting payouts after the official results are released and verified.
Several events could significantly impact this market before the Toronto mayoral election. Major endorsements from influential figures, shifts in public opinion revealed by new polling data, and significant campaign events like debates or rallies could all cause price fluctuations. Unexpected controversies involving candidates or changes in key policy positions could also influence trading activity. Any news that alters perceptions of a candidate's chances of winning is likely to be reflected in the odds offered on Polymarket and Kalshi.