BulliMarket bettors expected Canadian Prime Minister Justin Trudeau to resign by the end of the week, but local media believe his exit could happen soon.
Canadian newspapers The Toronto Star and The Globe and Mail published reports predicting Trudeau's resignation from January 6 to 8, while Polymarket users... They placed their bets On January 10th. Reports indicate that Trudeau has not yet made a final decision on the timing of his departure.
Toronto Star I mentioned Trudeau may step down as early as Monday, January 6 The Globe and Mail Initial scoop. According to The Globe and Mail, the Prime Minister is expected to do so Announce He resigned before the Liberal Party meeting scheduled for Wednesday, January 8.
According to Polymarket betting odds, Trudeau's resignation will likely take place by the end of the week. The platform's data showed an 82% probability that he would step down by Friday, January 10, and a 72% probability of announcing this on January 8. Users considered January 6 to be the least likely date for his resignation, with a probability of only 26%.
Polymarket's importance in political outcomes jumped last year, boosted by popular contracts tied to the US general election. Its users accurately predicted that President Donald Trump would win, and that the FBI would win Audit On Polymarket CEO Shane Coplan and the DOJ investigation regarding suspected User engagement in the United States.
The Polygon-based Coplan protocol has become a hotbed for election betting, generating over $9 billion in trading volume across multiple contracts.
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