Prediction markets are now live in Canada, letting you bet real money on questions like whether Canadian trips to the US will rise or fall, using the exact same account as your retirement savings. Vincent Gregoire unpacks what that means for anyone who thinks they're investing when they might actually be gambling.

The interview also gets into a newer wrinkle, overdraft protection that borrows against your stock portfolio instead of charging an insurance fee. It sounds convenient until the market drops and the bank decides when your investments get sold, not you.

Vincent Gregoire, Canada Research Chair in Finance and Technology at HEC Montréal, explains why these tools stay off your credit report even as they change your risk exposure, and where the fine print gets skipped. If prediction markets, leverage or overdraft protection are part of your banking app, this is the context most people miss before clicking agree.

Topics: prediction markets, overdraft protection, gambling vs investing, Wealthsimple Predict, financial risk

GUEST: Vincent Gregoire | @‌vincentgregoire

Originally aired on 2026-08-19

Prediction markets are now live in Canada, letting you bet real money on questions like whether Canadian trips to the US will rise or fall, using the exact same account as your retirement savings. Vincent Gregoire unpacks what that means for anyone who thinks they're investing when they might actually be gambling.
The interview also gets into a newer wrinkle, overdraft protection that borrows against your stock portfolio instead of charging an insurance fee. It sounds convenient until the market drops and the bank decides when your investments get sold, not you.
Vincent Gregoire, Canada Research Chair in Finance and Technology at HEC Montr&eacute;al, explains why these tools stay off your credit report even as they change your risk exposure, and where the fine print gets skipped. If prediction markets, leverage or overdraft protection are part of your banking app, this is the context most people miss before clicking agree.
Topics: prediction markets, overdraft protection, gambling vs investing, Wealthsimple Predict, financial risk
GUEST: Vincent Gregoire | @&zwnj;vincentgregoire
Originally aired on&nbsp;2026-08-19

Shane Hewitt & The Nightshift is your late-night companion for real talk, bold ideas, and unfiltered conversations that matter. Hosted by Canadian radio veteran Shane Hewitt, each episode dives into the headlines, human stories, and hidden truths shaping our world—always with curiosity, compassion, and a sharp edge.

From politics and pop culture to mental health, technology, and everyday life, this podcast is where night owls, deep thinkers, and curious minds come to connect. Featuring expert guests, passionate callers, and Shane’s signature style—thoughtful, fearless, and refreshingly real.

If you crave meaningful dialogue, smart perspectives, and late-night radio energy in podcast form, subscribe now and join The Nightshift.

Shane Hewitt &amp; The Nightshift is your late-night companion for real talk, bold ideas, and unfiltered conversations that matter. Hosted by Canadian radio veteran Shane Hewitt, each episode dives into the headlines, human stories, and hidden truths shaping our world&mdash;always with curiosity, compassion, and a sharp edge.
From politics and pop culture to mental health, technology, and everyday life, this podcast is where night owls, deep thinkers, and curious minds come to connect. Featuring expert guests, passionate callers, and Shane&rsquo;s signature style&mdash;thoughtful, fearless, and refreshingly real.
If you crave meaningful dialogue, smart perspectives, and late-night radio energy in podcast form, subscribe now and join The Nightshift.

Shane Hewitt and The Nightshift

Shane Hewitt is known for his engaging and relatable on-air personality, which captivates listeners. His ability to blend insightful commentary with humour and empathy creates a genuine connection with listeners.  Shane Hewitt and the Night Shift provides relatable content, informative discussions and expert insights – along with a balance of anecdotes and entertainment.

Shane Hewitt is known for his engaging and relatable on-air personality, which captivates listeners. His ability to blend insightful commentary with humour and empathy creates a genuine connection with listeners.  Shane Hewitt and the Night Shift provides relatable content, informative discussions and expert insights – along with a balance of anecdotes and entertainment.