Pierre Poilievre, the leader of Canada's Conservative Party, is also the current front-runner for the newly opened position after Justin Trudeau resigned on 6 January 2025. As the head of the country, Poilievre is tasked with the mission of transforming Canada into one of the biggest innovation hubs in the world when it comes to cryptocurrencies and blockchain.
One of the reasons why Poilievre is able to find a sympathetic audience among voters these days is because of his stand for freedom from finance or anti-CBDC. The latest crypto advocate is also one of Canada's most famous politicians, and Poilievre was widely noticed when, at a 2022 campaign event, he bought a chicken shawarma with Bitcoin.
He outlined his desire to make Canada the blockchain and crypto capital of the world, explaining how cryptocurrencies could help Canadians battle inflation and bypass traditional banking systems. He further underlines the call for decentralized financial solutions by opposing the Bank of Canada for being financially illiterate.
Poilievre's Pro-Crypto Stand
Ever since he became the leader of the Conservative Party in 2022, Poilievre has been a strong advocate for financial freedom, such as a bill to ban CBDCs while protecting cash transactions. According to him, this is a way to protect Canadians’ financial independence.
The federal election has been set prior to October 20, 2025, and it is also the defining point for Canada in the future. A January 6, 2025, CBC News poll revealed a commanding 24-point lead for the Conservatives over the Liberals, giving them a 98% chance of forming a majority government.
Trudeau resigned as opposition mounted to the national debt policy and his confrontational trade stance. The outgoing prime minister resigns just in time before parliament reconvenes on March 24th, providing his party with enough time to replace him with another leader.
Even as many blockchain activists hail Poilievre as the most visionary crypto agenda politician, there exist a few skeptics who counter that cryptocurrency price volatility has also witnessed periods in history. The fact that his allegiance to blockchain innovation has propelled him to an emerging trend of digital innovation toward rewriting the very fabric of the Canadian financial landscape has been what sets him going.
Only time will tell if the dream of a crypto capital under Poilievre will come to fruition and make the 2025 federal election the momentous occasion for the country’s digital and economic future.
