In the Canadian federal election less than a week away, the people of the Canada are closely watched how political leaders aim to address digital ownership. MILLION -million people are holding, using, or working in crypto, making it a growing focal point for economic growth and change. This Community and growing community is shaping conversations about the future of finance, with voters signing careful openness, not to inhibit or ignore crypto, but it is responsible to include it in the Canadian financial system with clear protection, responsibility, and forwarding policy.
Dean Skurka is a speaker at Consensus 2025In Toronto May 15, which appears with Kevin O’Leary in the mainstage.
The Canadian leadership of digital assets is not theoretical. It has emerged through first-of-its-kind milestones, homegrown innovative, and significant regulation progress, including:
- Canada installed the first Bitcoin ATM in the world in Toronto in 2013;
- Ethereum, founded by the Canadian Vitalik Blerin, began in Canada in 2015;
- Vancouver dapper labs introduced the groundbreaking NFT platform such as the NBA Top Shot, launched in 2020;
- The Ontario Securities Commission and Canadian Securities Administration introduced a novel regulation framework for crypto trading platforms in 2021; and
- Regulation initiatives such as Alberta’s Fintech Sandbox and blockchain innovation hubs actively support industry growth, launched around 2022.
Voter Momentum and Sentence to the public
The pro-crypto voter base is large, diverse, knowledgeable, and engaged. According to a survey bu nanos research for Canada Web3 Council:
- Younger Canadians And those with direct investment experiences tend to look at the crypto well, indicating a generational and experienced shift in emotion.
- 60% of -Canada people who are -survey Support the federal government working with industry experts to develop cryptocurrency regulations and protect public interest. Almost one in five -Survey is opposed.
- 48% of -Canada Say that the government should implement a approach for a “more accessible, companion, and effective financial ecosy” that includes digital possessions.
It is engaged in the base of the voter, most of which is under 50, represents a significant political force. Elections and subsequent administrations offer policy manufacturers a chance to support voters’ eagerness for clarity around Canada’s digital future.
In 2022, made by (Pro-Crypto) leader of conservative Pierre Poilievre Titles For promoting financial independence through Bitcoin and decentralized finances, calling for less control from politicians and banks and more power in the hands of individuals. He said he wanted to do Canada ”The blockchain capital of the world“Allowing people to” opt out “inflation by using cryptocurrencies such as bitcoin.
Read more: Nik de – Publings of Crypto angle of Canada election
On the contrary, former Bank of Canada Governor Mark Carney, who represents the Liberal Party, while supporting digital innovation, remains skeptical of the idea that cryptocurrencies such as Stablecoins are starting to rebuild the financial system. He has argued That the Central Bank Digital Currencies (CBDCs) will be a safer, more stable foundation for digital currency.
“Stablecoins are ultimately just an appendage to the conventional financial system and not a game changing. CBDCs will reduce the risks of digital currency and form the foundation of a more stable, program -like financial future,” write in 2021.
Meanwhile, NDP leader Jagmeet Singh has Open to criticize Crypto’s volatility, citing financial losses suffered by the people who bought digital assets as a fence against inflation.
“We have an opposition leader who thinks he can be out of inflation by buying cryptocurrency, which ends up in the tank and hurts people,” he said in 2022.
The successful candidate from this upcoming election has the opportunity to translate these various views into coherent platform frameworks and enhance Canada’s position as a forward thinking and tech-driven economy.
Global Signals: Local Opportunity
The European Union has implemented the Crypto-Assets markets (MICA) Outline, offers clear crypto regulations.
The US is playing catchup following Donald Trump’s election in November. The financial US House service committee has moved forward with “Steady gesture of 2025“a significant step toward the establishment of a federal regulatory framework for stablecoins. and bipartisan efforts such as Virtual Currency Tax Fairness Act Propose small crypto transactions under $ 200 from capital income taxes. Congress leaders are now working on a comprehensive “market structure” for crypto and regulators are openly thinking about working with companies to adapt existing laws to modern needs.
Canada is well positioned to do the same. With the right rules, we can continue to attract top talent, keep homegrown companies here, and strengthen our global voice on the web3.
The choice is ours.
Why is policy clarity important
The clarity of the digital asset policy will affect how the people are saving, investing, and transacting; whether new jobs and industries are built here or abroad; And if our country will lead or follow in a rapid emerging digital sector.
Digital assets offer beneficial benefits such as faster, cheaper remittances for newcomers who support families abroad, more accessible financial tools for non -dying communities, and various alternative investments in times of economic uncertainty. Beyond personal finances, blockchain technology has a real potential to modernize Canada’s financial infrastructure, enhance anti-fraud efforts, and improve transparency in sectors such as chain chain management and government services.
The Canada Web3 Council Call for the integration of Blockchain in the broader approach to Canada change, encouraging federal support for the development of talent, funding, and creating a national blockchain approach. They are advocating for clear frameworks around decentralized finances (DEFI), Stablecoin regulation, and for Canada to take a role in leadership in the global international policy of digital asset policy.
The role of industry and community
The responsibility of highlighting the importance of crypto is largely falling into the industry itself. Initiatives such as Stand with Crypto Canada (A national advocacy campaign supported by Wonderfi and nine other major companies) is actively teaching voters and policy manufacturers about economic benefits of clear crypto regulation.
Similarly, Blockchain North’s Voices for Canada’s Crypto Campaignfeaturing well -known leaders of the mind, helps to unite the voices of the industry, emphasizing the need for active policy policy to the leaders.
We have talent. We have infrastructure. And we have momentum.
Today, we need leaders who see crypto not as a passing pace, but as a strong opportunity to foster the Canadian economy and empower a new generation of builders, investors, and constitutes.
Here is the digital economy. The only question is: Is Canada leadership?
