cryptoknowmics.com
Justin Trudeau has criticized the newly elected head of the Conservative Party of Canada for his support of cryptocurrency. Canadian Prime Minister Justin Trudeau's primary rival in the 2025 elections will be 43-year-old Pierre Poilievre. Poilievre won the Conservative Party leadership challenge by a majority on Saturday evening. The Canadian prime minister stated in a series of tweets on September 13 that his party would continue to interact with Conservative Party members but wouldn't be afraid to criticize any "questionable, dangerous economic proposals" they propose. https://twitter.com/JustinTrudeau/status/1569489032144461827 Although Trudeau did not expressly criticize Pierre Poilievre by name, he labeled various actions Poilievre initiated as "poor leadership."
Pledges By Pierre Poilievre
The Conservative leader said he would dismiss the Bank of Canada's governor, Tiff Macklem, criticizing the institution for its reckless expenditures during the COVID-19 epidemic. Poilievre has attributed the country's rising inflation to Justin Trudeau and his finance ministers, arguing that domestic issues like the conflict in Ukraine are less to blame than the 220 billion Canadian dollars the government spent on income and business assistance. Poilievre expressed his support for cryptocurrencies last winter, telling Canadians that purchasing Bitcoin may enable them to "opt-out" of inflation.
Impact of Trudeau-Poilievre Debate
The Trudeau-Poilievre debate will directly affect the Canadian cryptocurrency market. In February of this year, the Trudeau administration came under criticism for trying to seize wallets containing more than $1 million in Bitcoin that had been contributed to the trucker's protest.