The Government of Canada announced plans to introduce legislation that will legalize, regulate, and tax single-event sports betting across the country. Under current Canadian law, only the provinces of Ontario and British Columbia permit single-event wagering, leaving other provinces restricted to parlay bets. The new legislation aims to establish a consistent regulatory framework across all provinces and territories. This move is expected to provide enhanced consumer protections, mitigate problem gambling, and generate significant tax revenues for governments. The federal bill is anticipated to be introduced and come into effect during 2024, marking a national shift in the approach to sports gambling regulation. Stakeholders have welcomed the initiative as a step toward modernizing Canada's sports betting landscape while ensuring a controlled and transparent market.