Canadian Prime Minister Justin Trudeau announced his resignation after nine years in power, as reported by CNN. This event highlighted Conservative Party leader Pierre Poilievre, who, according to the Polymarket contract, now has a 92% probability of becoming the next head of government.
Resonant Resignation
Justin Trudeau announced his resignation after nine years in office amid growing scrutiny of his cabinet and the Liberal Party of Canada. News of this initially appeared in local media, such as The Toronto Star, confirming predictions by Polymarket users, who initially circulated the rumor of a possible resignation.
Poilievre's Popularity on Polymarket
Following Trudeau's resignation, Polymarket users rallied behind Pierre Poilievre in the 'Next Prime Minister of Canada' contract. The trading volume for this contract exceeded $260,800, with Poilievre's probability of being elected Prime Minister of Canada before October 2025 rising to 92%.
Poilievre's Anti-CBDC Stance
Pierre Poilievre stands out with his opposition to some of Trudeau's initiatives, including the creation of a central bank digital currency (CBDC). In August, he opposed this idea, defending the preservation of cash, stating that it protects citizens' freedom and privacy. This position became particularly noticeable in September when the Bank of Canada slowed down its plans for CBDC. Poilievre is also known as a proponent of cryptocurrencies, which drew attention to his statements about Canada as a global blockchain capital in 2022.
Pierre Poilievre has solidified his position ahead of potential changes in Canada's political structure. With his initiatives and growing support, he may become one of the main figures on the country's political scene in the coming years.
