Canadian Prime Minister Justin Trudeau has announced he will step down as his party faces mounting pressure over a possible defeat in the upcoming election. Trudeau's resignation, confirmed Monday, comes after polls showed his Liberal Party in a slump. Voter discontent has been fueled by high prices and a housing crisis. Trudeau's political career has been marked by strained relations with US President-elect Donald Trump. Tensions between the two leaders escalated in late 2016 when Trump threatened to impose higher tariffs on Canadian goods. Trudeau's attempts to resolve the situation by meeting with him in Mar-a-Lago failed to produce the desired results. As for Bitcoin and cryptocurrency enthusiasts, they cannot forgive him for persecuting the Freedom Convoy participants in 2022. By invoking the Emergency Situations Act, he allowed the government to freeze the truckers’ bank accounts, suspend their transport insurance, and evacuate their cargo. All of these measures were aimed at ending the blockades and protests that the government considered illegal. Dissatisfaction with his work reached a peak during a December meeting with 50 members of his party from Ontario, the country's most populous province. Then, many expressed their distrust and demanded his resignation.After Trudeau’s departure, many Canadians and bitcoin enthusiasts see Conservative Party leader Pierre Poulier as a potential successor. He has been outspoken in his support for Bitcoin (BTC) and blockchain technology, making him a strong contender. His rise to power could signal a shift in Canada’s approach to digital currencies to a more friendly and supportive one.
