Bitcoin-Friendly Poilievre Loses Seat as Carney's Liberals Win 2025 Election
In the Canadian elections held on April 29, 2025, Prime Minister Mark Carney's Liberal Party managed to secure enough seats to form at least a minority government, while Conservative Leader Pierre Poilievre lost his seat in Parliament. The election concluded with the Liberals winning approximately 162 seats, though it remained unclear if they would achieve a majority government or need support from other opposition parties to pass legislation. Unlike in the U.S., where cryptocurrency was a prominent topic in recent elections, the issue was notably less significant in Canada. Despite both Carney and Poilievre discussing crypto previously, it did not play a central role in their campaigns. The Canadian electoral landscape appears to reflect a different attitude towards frameworks that influence legislative bodies, showcasing a quieter relationship with cryptocurrencies as compared to the more charged political climate in the U.S. Polling prior to the election had suggested that the Liberals might reach a majority, but the ultimate results fell short of expectations.
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