Resolution criteria on PolyGram: This market will resolve to "Yes" if the seasonally adjusted unemployment rate (15 years and over, total) reported by Statistics Canada in the Labour Force Survey for any month of 2026 is higher than that of any other month since January 2017 (inclusive). Otherwise, this market will resolve to "No". The resolution source for this market is the Labor Force Survey, published by Statistics Canada every month at https://www150.statcan.gc.ca/n1/dai-quo/cal1-eng.htm. Any revisions to the data after the first qualifying release will not count toward this market's resolution; only the initial figure released for each month will qualify.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| Will Canada have the highest unemployment rate since 2016 this year? | 10% YES | 91% NO |
Canada's unemployment rate would need to reach a level in 2026 that exceeds every monthly reading since January 2017 to settle this market affirmatively. Statistics Canada's Labour Force Survey, released monthly, provides the seasonally adjusted unemployment rate for the population aged 15 and over. The current 10% implied probability on Polymarket's order book reflects substantial scepticism that such a peak will occur within the calendar year.
Canada's unemployment rate has fluctuated considerably over the past decade. The pandemic peak in May 2020 reached 13.7%, whilst the pre-pandemic low in 2019 fell below 5.5%. Since the recovery began, the rate has generally stabilised between 5.0% and 6.5%, with recent months hovering near 6.3%. For 2026 to produce a new high-water mark since 2017, the rate would need to exceed approximately 13.7%, the pandemic peak. The low crowd probability suggests traders assess a severe economic contraction as unlikely within the specified timeframe.
Traders monitoring this market should track Bank of Canada monetary policy decisions and economic forecasts, particularly any signals regarding recession risk. Labour market data releases themselves—published on the first Friday of each month—will provide direct evidence. Broader economic indicators including GDP growth, inflation trends, and business investment announcements will inform expectations about employment conditions heading into 2026. Any significant deterioration in these leading indicators could shift the probability materially upwards.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
The mechanics for trading "Will Canada have the highest unemployment rate since 2016 this year?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$6K in lifetime turnover and $971 of resting liquidity puts this market in the below the median by volume for canada contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
The market has been open for 3 months — the price has had time to stabilise as new information arrived.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
As of today, traders on Polymarket price this outcome at 10%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 15 February 2027. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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