On January 8, Elon Musk praised Canadian Prime Minister candidate Pierre Poilievre, a Bitcoin supporter, for calling for cuts in government spending. This praise came after several days of Musk criticizing European politicians.
Musk has shared a viral video of Poilievre, in which Poilievre explains that the best way to address inflation is to cut government spending. This viewpoint completely aligns with Musk's opinion. Musk stated, 'Perfectly expressed.'
The leader of the Canadian Conservative Party, Pierre Poilievre, is running for Prime Minister after incumbent Prime Minister Justin Trudeau announced plans to resign on Monday. Polls show that Canadian voters are particularly concerned about the cost of living.
Poilievre has long supported Bitcoin, participating in many cryptocurrency podcast programs and expressing a vision to make Canada the 'global blockchain hub.' In 2022, this Conservative politician stated that 'Canadians should be free to use other currencies, like Bitcoin,' as the government is 'undermining' the Canadian dollar. At that time, Trudeau criticized this opinion as 'reckless.'
In the prediction market Polymarket, Poilievre has an 89% chance of winning, far ahead of Chrystia Freeland, who is in second place.
