ChainCatcher news. According to CoinDesk, two major Canadian newspapers (Toronto Star) and (Globe and Mail) have successively reported that Canadian Prime Minister Justin Trudeau is expected to resign. (Toronto Star) predicts that the resignation statement will be released as early as Monday, while (Globe and Mail) forecasts that it will be announced by Wednesday. However, users on the betting platform Polymarket have differing opinions on whether Trudeau will resign early.
According to Polymarket's prediction market, the likelihood of resignation on Monday is only 24%, the likelihood of resignation by Wednesday is 72%, and the likelihood of resignation by Friday is as high as 80%. The most heavily bet contract is the one predicting Trudeau will resign before this Friday, which has attracted over six figures in funding. Additionally, Reuters reported that Trudeau has not yet made a final decision regarding resignation. According to polling agency Angus Reid, Trudeau's approval rating is only 22%. If an election were held immediately, his Liberal Party is expected to win only 46 seats, while the Conservative Party could potentially gain 225 seats, easily winning a parliamentary majority.