Polymarket Bets on Mark Carney Win while the people of -Canada headed to the polls
Crypto users who bet on the outcome of the Snap election to determine Canada’s next prime minister appear in favor of a Liberal Party victory as residents head to their votes.
On April 28, the Polymarket’s cryptocurrency platform provided the current Prime Minister of Canada and Liberal Party candidate Mark Carney for a 79% chance of defeating conservative party candidate Pierre Pilievre in career for the country’s next PM. Data from the platform showed users pouring over $ 75 million in the bets surrounding the racing, predicting a Pilievre or Carney’s success.
The odds suggested by the platform, as well as from many polls, Show A nearly complete return of fate between two candidates after dating Prime Minister Justin Trudeau resigns In January. Trudeau and, through the organization, many at the Liberal Party, faced the criticism of holding the Canadian housing crisis and questions about how he would deal with the tariffs of President Donald Trump.
Following Trudeau’s resignation, Trump climbed the rhetoric of Canada, repeatedly referring to the country as the US “51st state” as its “governor.” The US president also imposed a 25% tariff on goods imported from Canada in March. The rules seem to lead to the rising anti-Trump sentiment in Canada, along with many residents who beat the United States national anthem in hockey games and comparing comparisons between President and Pilievre.
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