92% chance Poilievre succeeds Trudeau as PM

The odds of Conservative and anti-CBDC candidate Pierre Poilievre becoming Canada’s next Prime Minister have risen to 92% on Polymarket following Justin Trudeau’s resignation.

Canadian Prime Minister Justin Trudeau has officially resigned after nine years in power amid increasing scrutiny from his cabinet and the Liberal Party of Canada, according to CNN.

The news confirmed a report from local media outlet The Toronto Star that was cited in a previous crypto.news report on Monday. January 6.

Following the resignation, Polymarket users rallied behind Conservative leader Pierre Poilievre in a betting convention titled “Canada’s New Prime Minister.”

The Polymarket contract, whose trading volume was seen above $260,800, gave the highest probability to Poilievre. He currently has a 92% chance of being named Canada’s next Prime Minister on or before October 2025, according to Polymarket data.

Anti-CBDC Poilievre Popular on Polymarket

Canada’s leading Prime Minister candidate is positioning himself as an opponent of some of Trudeau’s policies, according to Polymarket. In August, the Conservative candidate opposed the creation of a central bank digital currency.

CBDC acts as a digital version of sovereign currency issued and controlled by the government, but using blockchain technology.

Poilievre advocated for protecting the use of cash, vowing to protect the freedom and privacy of Canadians. His stance gained attention in September when the Bank of Canada slowed its CBDC plans. The pro-Bitcoin (BTC) politician has also shared crypto-friendly views, drawing criticism from rivals and peers for promoting Canada as a global blockchain capital in 2022.