Prediction markets show that crypto-friendly Pierre Poilievre has a 92% chance of being elected as Canada's next prime minister.
With Trudeau announcing his resignation as leader of the Liberal Party and stepping down as prime minister after the party selects its next leader through a robust national competitive process, prediction market Polymarket shows that the current crypto-friendly Pierre Poilievre has a 92% chance of being elected prime minister of Canada.
Previously, it was reported that the Conservative Party of Canada has elected Pierre Poilievre, an Ontario MP who supports Bitcoin, as the new leader of the party. As the new leader of the Conservative Party, Pierre Poilievre is preparing to compete with the current Prime Minister Trudeau for the post of Prime Minister in the 2025 federal election. Poilievre has been a public supporter of Bitcoin. He has publicly stated that "I want Canada to be the center of the world's blockchain." He also promised that during his term as Prime Minister, he will fire the central bank governor, audit central bank activities, and stop the development of central bank digital currencies (CBDCs).