Pierre Poilievre is currently leading the odds on Polymarket to become the next Prime Minister of Canada following Justin Trudeau’s recent resignation announcement. Users have wagered 257,000 USD, boosting his chances to 89% for the next federal election expected this spring. This indicates strong market confidence in Poilievre’s potential leadership.

The prediction market regarding Canada’s next prime minister started on December 30, 2024, and has a total trading volume of 412,095 USD. This follows Justin Trudeau’s resignation, attributed to declining approval ratings. The market shows Poilievre as the favored candidate. Previously, Trudeau’s resignation probability soared from 19% to 82% with over 1 million USD in trading volume.

In 2022, Pierre Poilievre disclosed his personal investments in cryptocurrency, notably holding assets in the Purpose Bitcoin exchange-traded fund. He has been an advocate for allowing Canadians to invest in Bitcoin. His pro-crypto stance aligns with the increasing interest in digital currencies, potentially appealing to financially progressive voters in the upcoming election.