Canada’s next prime minister race a dead heat between a Bitcoin advocate and CBDC backer

Canada’s adjacent premier curate could beryllium a staunch Bitcoin protagonist — oregon idiosyncratic who favours government-backed integer currencies.

The contention betwixt Liberal Party person Mark Carney and Conservative Party person Pierre Poilievre has tightened to a dormant vigor successful the betting market.

At the commencement of 2025, Poilievre was the wide favourite, with an 88% accidental of winning compared to Carney’s 12%.

But now, some candidates are astatine an adjacent 50-50 divided connected Polymarket, wherever astir $12 million has been wagered.

Poilievre, a long-time Bitcoin advocate, has built his campaign astir fiscal conservatism and absorption to cardinal slope integer currencies.

He has invested successful Bitcoin exchange-traded funds and framed the cryptocurrency arsenic a hedge against inflation, calling authorities wealth printing an “immoral tax.”

His pro-Bitcoin stance has drawn comparisons to US President Donald Trump, who pivoted from crypto scepticism to afloat enactment up of his ain re-election bid.

Carney, connected the different hand, has been a sceptic of Bitcoin, dismissing it arsenic a mediocre store of value.

As a erstwhile Bank of Canada and Bank of England governor, helium has alternatively backed the improvement of CBDCs, arguing they connection a much unchangeable and government-controlled alternate to backstage integer assets.

He has remained comparatively soundless connected crypto successful caller years, but his past remarks suggest small country for compromise with the industry.

The predetermination stakes person besides escalated amid economical turmoil and commercialized tensions.

Trump’s tariff threats and a arguable remark astir Canada becoming the US’s 51st authorities person analyzable the contention further.

With a wide predetermination expected successful the coming months, Carney’s tenure arsenic premier curate — pursuing Justin Trudeau’s caller resignation — could beryllium little if Poilievre’s popularity rebounds.

Kyle Baird is DL News’ Weekend Editor. Got a tip? Email astatine [email protected].