Bitcoin-Friendly Poilievre Loses Seat as Carney's Liberals Win 2025 Election

1 week ago

Bitcoin-friendly Conservative Leader Pierre Poilievre volition nary longer beryllium a Member of Parliament aft losing his spot successful an predetermination which saw Mark Carney's Liberal Party unafraid capable seats to signifier astatine slightest a number government.

Data from Elections Canada, reported by the CBC, shows Poilievre lost his Ottawa-area seat to Liberal Brunce Fanjoy connected Monday nighttime aft a 5-week predetermination rhythm triggered by Carney, the existent Prime Minister, past month.

Results from Pierre Poilievre's Ottawa-area riding of Carleton (CBC)

Overall, the Liberal enactment took approximately 162 seats arsenic of 12:00 a.m. Eastern Time, which is capable to signifier a number government.

This is less than caller polls forecast, which projected that a Carney-led Liberal party would deed bulk authorities territory — 172 seats — fixed the threats U.S. President Donald Trump made to the country's sovereignty and the punitive tariffs the White House was directing northward.

However, CBC News noted arsenic of midnight that votes were inactive coming successful and it is not yet wide if the Liberals volition triumph capable seats to signifier that bulk government.

If contiguous results basal nether the U.K.-inspired Westminster strategy nether which Canada operates, the Liberals would request the enactment of different absorption party, specified arsenic separatist-minded Bloc Quebecois, oregon the left-leaning New Democrat Party to walk bills successful the House of Commons.

A Conservative-led non-confidence motion, should it person the enactment of different party, would beryllium capable to trigger different predetermination — though its acold excessively aboriginal for this to beryllium considered.

Unlike the United States, where crypto played an important role successful moving the needle connected winning Congressional races, and helping enactment Trump backmost successful the White House, it seemed to beryllium a muted matter successful Canada.

While some Carney and Poilievre person discussed crypto successful the past, the contented didn't travel up for either campaigns adjacent though it was an important issue for galore Conservative Members of Parliament.

On Polymarket, a declaration asking bettors to predict the adjacent Prime Minister of Canada crossed the $100 cardinal people (in U.S. dollars) successful volume, and a twelve different predetermination related questions had adjacent to different $100 cardinal successful measurement collectively.

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