Canada's next prime minister is likely to be Bitcoin enthusiast Pierre Poilievre, who leads the Conservative Party of Canada.
Current Canadian Prime Minister Justin Trudeau will step down after the Liberal Party of Canada elects a new leader on March 9. That politician will replace Justin as prime minister until the federal election scheduled for October 20, 2025.
Gambling members of the crypto community are betting on Poilievre to win, who is widely considered the favorite. On the betting platform Cloudbet, the bet on Pierre winning take with a modest coefficient of 1,20. His closest rival Melissa Lantsman can be backed with an impressive odds of 10,00, which indicates her meager chance of winning.
Betting Odds on Who Will Be Canada's Next Prime Minister
Since 2022, Poilievre has shown favor to cryptocurrencies and uses them himself. For example, he bought shawarma with bitcoins and promised to turn Canada into the blockchain capital of the world.
The government is destroying the Canadian dollar, so Canadians should be free to use other forms of money, like Bitcoin. Canada needs to loosen the grip of politicians and bankers on the financial system and give people more financial freedom. This includes the freedom to own and use cryptocurrencies, tokens, smart contracts, and decentralized financial services, — said Poilievre.
