As Canadians prepare to vote in a snap election for their next Prime Minister, cryptocurrency betting platform Polymarket indicates strong support for Liberal Party candidate Mark Carney. As of April 28, Polymarket attributes a 79% chance of victory to Carney against Conservative Party candidate Pierre Poilievre. Over $75 million has been wagered on the election's outcome. The betting results reflect a significant shift in candidate fortunes, particularly after Prime Minister Justin Trudeau resigned amidst criticism regarding Canada's housing crisis and challenges related to external pressures, notably from President Donald Trump's tariffs and rhetoric. The political climate may have influenced public sentiment against Poilievre, particularly due to a growing backlash against Trump's policies in Canada. This development continues to unfold as more information becomes available.

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