On Monday, Canadian Prime Minister Justin Trudeau announced that he will resign from office as soon as a new party leader has been chosen. The move comes after the resignation of Chrystia Freeland, Canada’s Finance Minister in December.
In light of a potential upcoming tariff battle with the United States during Donald Trump’s second term, top Liberal Party officials felt that Trudeau didn’t have the moxie to lead the country through successfully.
“I intend to resign as party leader, as prime minister, after the party selects its next leader through a robust, nationwide, competitive process…”
Canadian PM Justin Trudeau
Online political betting sites have pounced on the opportunity to project the next PM, and the odds imply a strong likelihood that it will be Pierre Poilievre.
Prime Minister After Next Election
- Pierre Poilievre -900
- Chrystia Freeland +1200
- Mark Carney +1800
- Christy Clark +1800
- Anita Anand +2000
- Sean Fraser +2000
- Dominic LeBlanc +2500
- Melanie Joly +2500
- Francois-Philippe Champagne +2500
- Marc Miller +10000
- Jean Charest +10000
- Jagmeet Singh +10000
- Maxime Bernier +50000
- Elizabeth May +50000
- Yves-Francois Blanchet +50000
Poilievre is the leader of the Conservative Party in CA, and has suggested that new Liberal leadership will not bring any significant changes to the current economic hardships the country is facing.
“Every Liberal MP in power today and every potential Liberal leadership contender fighting for the top job helped Justin Trudeau break the country over the last nine years…”
Pierre Poilievre
Election day in Canada is on October 25th, and a strong turnout is expected for the Conservative Party. The election odds for Poilievre suggest a certain win this fall, with his -900 moneyline translating to a 90% chance of success.
That level of certainty is unusual at election betting sites, especially when producing such a large field of candidates. The next highest-ranked politician, according to the odds, is Chrystia Freeland at +1200. She is separated from Poilievre by 1900 points.
There are also political prop bets that are taking action on the next party that will take control of the Canadian government.
Sworn In Government After Election
- Conservatives -900
- Liberals +500
- Bloq Quebecois +4000
- New Democrats +10000
- PPC +50000
- Green +50000
The Conservatives are way out in front in the above prop bet, leading the Liberals by 1200 points in the moneyline odds. For an example of how sure sportsbooks are that Conservatives will win, a $100 bet will result in a win of $11.17 at Bovada LV.
These election lines will remain posted online until votes are cast in October.
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