Investors brace for stock market declines as Canada and Mexico retaliate against new tariffs imposed by Trump, with technology stocks expected to be particularly affected. Canada will implement a 25% tariff on $155 billion of American goods, while Mexico’s response includes various measures. Economists warn that these tariffs could lead to increased consumer prices and a potential recession risk in Canada, as the interconnected nature of North American trade complicates competitiveness.
about Trump Imposes Tariffs as Canada and Mexico Respond with RetaliationTrudeau
0 posts last weekCanada’s Crypto Future Uncertain Amid Political Shifts and Voter Concerns
Pierre Poilievre, the Conservative front-runner, has garnered support from the crypto community, but skepticism remains about his commitment to the sector amid a politically charged environment. While he previously advocated for digital assets, recent scandals and a focus on pressing issues like affordability and housing may lead the Conservatives to sidestep crypto in the upcoming election. As Canada approaches a federal election, the potential for a shift in crypto policy remains, contingent on the political landscape and leadership changes.
about Canada's Crypto Future Uncertain Amid Political Shifts and Voter ConcernsPierre Poilievre Emerges as Strong Contender After Trudeau’s Resignation
Justin Trudeau has announced his resignation as Canada’s Prime Minister, ending a controversial era marked by progressive policies and a firm anti-crypto stance. Conservative leader Pierre Poilievre, a strong advocate for cryptocurrency and economic independence, is positioned as a leading contender to succeed him, with his odds of winning surging to 89%. Poilievre criticizes the Liberal Party’s attempts to mislead voters with a leadership shuffle, emphasizing his commitment to common sense governance and economic reform.
about Pierre Poilievre Emerges as Strong Contender After Trudeau's ResignationCanada’s Political Shift May Lead to Bitcoin Reserve Under New Leadership
Canadian Prime Minister Justin Trudeau may soon resign, potentially paving the way for a more Bitcoin-friendly government under Pierre Poilievre, who has expressed pro-Bitcoin views. With the Conservatives leading in polls, Poilievre’s advocacy for Bitcoin could lead to the establishment of a Strategic Bitcoin Reserve in Canada, mirroring similar proposals from global leaders. As BTC prices soar, the political landscape may shift towards greater acceptance of digital assets.
about Canada's Political Shift May Lead to Bitcoin Reserve Under New LeadershipTrudeau Resigns as Canadian Prime Minister Amid Political Challenges
Justin Trudeau announced his resignation as Canadian Prime Minister and leader of the Liberal Party, citing internal challenges and the need for a competitive successor selection process. This follows the resignation of Deputy Prime Minister Chrystia Freeland, which has intensified political uncertainty for the party. Betting activity on Polymarket indicated a surge in speculation regarding Trudeau’s departure and potential successors, with Pierre Poilievre leading the odds.
about Trudeau Resigns as Canadian Prime Minister Amid Political ChallengesCanada’s Political Landscape Shifts as Cryptocurrency Gains Influence in Elections
Canada’s political landscape is shifting as Prime Minister Justin Trudeau faces mounting criticism and a leadership crisis, with rumors of his imminent resignation from the Liberal Party. Meanwhile, Conservative leader Pierre Poilievre, a vocal supporter of cryptocurrency, is poised to capitalize on this turmoil in the upcoming federal election, scheduled for October 2025. His pro-crypto stance has sparked controversy, particularly regarding its impact on vulnerable populations, as he positions himself to attract tech-savvy voters.
about Canada's Political Landscape Shifts as Cryptocurrency Gains Influence in ElectionsTrudeau Expected to Announce Resignation Amid Political Pressure and Betting Surge
Canadian Prime Minister Justin Trudeau is expected to announce his resignation as leader of the Liberal Party, with reports indicating he will step back until a successor is chosen. As of January 6, Polymarket users were betting on an 80% chance of his resignation by the day’s end, following calls for him to step down. This announcement comes shortly after Deputy Prime Minister Chrystia Freeland’s decision to resign over policy disagreements with Trudeau.
about Trudeau Expected to Announce Resignation Amid Political Pressure and Betting Surge