The Conservative Party of Canada (CPC) chose pro-Bitcoin Ontario Member of Parliament, Pierre Poilievre, as the new party leader.
Poilievre won more than 68% of the conservative vote, far outpacing his nearest challenger, former Quebec premier Jean Charest, who only received 16% of the total vote.
As the new leader of the CPC, Poilievre is now preparing to compete with Justin Trudeau for the position of Prime Minister of Canada in the 2025 federal election.
Poilievre does not appear to be a huge admirer of fiat money, like the majority of ardent Bitcoin supporters. He has blasted the Bank of Canada for doing nothing to rein in spiraling inflation.
“The Bank of Canada has zero business developing its own digital currency” Poilievre tweeted in April.
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Poilievre has been an outspoken supporter of bitcoin and even used it to purchase shawarma in front of the camera at Tahini’s London during his bid for the CPC leadership in the spring.
According to his political declarations, he holds at least $10,000 in units of Purpose Bitcoin, a Canadian bitcoin exchange-traded fund.
“I want to make Canada the blockchain capital of the world” he noted.
This means that Canadians may soon have the chance to elect a pro-Bitcoin Prime Minister for the first time in North American politics. Justin Trudeau’s government has been resistant to crypto and in February Vitalik Buterin noted that the turmoil happening in Canada defines the existence of crypto.
