The climatological conditions for the presence of palsas in the Hudson Bay Lowlands (HBL) in Ontario, Canada, are examined using data from four climate stations: Big Trout Lake, Lansdowne House, Peawanuck, and Fort Severn. These stations sandwich the existing region where palsas occur. The criteria for the formation and occurrence of palsas that were taken from the literature on Fennoscandian and neighboring Québec palsas were applied to the HBL. Thermal thresholds set at -2 °C and 0 °C mean annual air temperature, and number of days below -10 °C per year were met for the two more northerly locations; the two southerly locations were on the edge of the thresholds. Climate projections from two models under two emission scenarios for the 2020s, 2050s, and 2080s indicated that by the 2080s all four locations would fail the -2 °C threshold for palsa formation but at three locations the 0 °C threshold for palsa presence was met for some projection scenarios. Over the next century, it is likely that the climate conditions will continue to be capable of supporting existing palsas; however, by the end of the century the threshold criteria for new palsa formation will not be met for most of the HBL.