Canadian Prime Minister Justin Trudeau announced that he would step down as the leader of the Liberal Party and resign from his position as prime minister once a successor is chosen. This revelation came after several weeks of mounting speculation about Trudeau’s future,

Canadian politician Pierre Poilievre became the favorite of Polymarket bettors to become the country's next prime minister after the federal elections following Justin Trudeau's resignation on Monday.

In the wake of Justin Trudeau’s resignation, Polymarket is now forecasting a staggering 92% probability that Conservative leader Pierre Poilievre will succeed him as Canada’s next Prime Minister. This surge in odds comes after Trudeau stepped down from his post following intense scrutiny of his leadership and the Liberal Party.