Elon Musk praised Canadian Prime Minister candidate Pierre Poilievre, who supports Bitcoin. After criticizing European politicians, Musk retweeted Poilievre's viral video, endorsing his views on cutting government spending to address inflation. Poilievre is the leader of the Conservative Party of Canada and plans to run for Prime Minister to succeed the soon-to-resign Justin Trudeau. Poilievre has long supported Bitcoin, stating that Canada should become the global capital of blockchain and believes Canadians should have the freedom to use other currencies. Prediction markets show he has an 89% chance of winning.

BlockBeats News, January 8th, Elon Musk recently praised Canadian Prime Ministerial candidate Pierre Poilievre, who supports Bitcoin, for advocating government spending cuts. This came after Musk had been criticizing European politicians for several days. Musk retweeted a video of Poilievre that went viral, in which Poilievre explained that the best way to address inflation is by cutting government spending—a view that aligns with Musk's own. Musk stated, "Perfectly put." Canadian Conservative leader Pierre Poilievre is running for the position of Prime Minister, following current Prime Minister Justin Trudeau's announcement of plans to resign on Monday. Polls show that Canadian voters are particularly concerned about the cost of living. Poilievre has been a longtime supporter of Bitcoin, having appeared on multiple cryptocurrency podcast shows and expressing a vision to make Canada the "global capital of blockchain." Back in 2022, the Conservative politician had stated, "Canadians should have the freedom to use other currencies, such as Bitcoin," as the government was "ruining" the Canadian dollar. At the time, Trudeau criticized this statement as "reckless." In the prediction market Polymarket, he is seen as having an 89% chance of winning the position, far ahead of the second-ranked Chrystia Freeland.

Elon Musk praises Canadian Prime Minister candidate Poilievre's support for Bitcoin.