Prediction Markets Show Crypto-Friendly Pierre Poilievre Has a 92% Chance of Being Selected as Canada’s Next Prime Minister

following Trudeau's announcement of resigning as leader of the Liberal Party and stepping down as prime minister after the party chooses its next leader through a strong national competition process, Polymarket's prediction market shows that the current crypto-friendly Pierre Poilievre has a 92% chance of being elected as the next Canadian prime minister.

Earlier news revealed that the Conservative Party of Canada has elected Ontario provincial legislator Pierre Poilievre, who supports Bitcoin, as its new leader. As the new leader of the Conservative Party, Pierre Poilievre is preparing to compete with current Prime Minister Trudeau for the position of prime minister in the federal election in 2025. Poilievre has always been a public supporter of Bitcoin and has stated publicly, "I want Canada to become the center of the world's blockchain." He also promised that during his tenure as prime minister, he will dismiss the governor of the central bank, audit the bank's activities, and stop the development of central bank digital currencies (CBDCs).