Canadian Federal Election 2025: Key Events and Betting Odds

With the Canadian Federal Election scheduled for April 28th, 2025, political momentum is shifting rapidly. BET99 provides an updated timeline of the major events leading up to the election, along with the latest betting odds.

Key Events & Odds Leading to the Election

December 16, 2024 – Chrystia Freeland Resigns

The Deputy Prime Minister and Finance Minister officially resigns from the Liberal Cabinet, creating turbulence within the party.

·      Liberal Party Odds: (+500)

·      Conservative Party Odds: (-900)

Per: https://www.cbc.ca/news/politics/chrystia-freeland-resignation-letter-1.7411607

January 6, 2025 – Justin Trudeau Resigns as Prime Minister

Prime Minister Justin Trudeau announces his resignation as the leader of the Liberal Party and Prime Minister of Canada. He also requests that Governor General Mary Simon prorogue Parliament until March, setting the stage for a major political transition.

·      Liberal Party Odds: (+700)

·      Conservative Party Odds: (-1600)

Tweet: https://x.com/JustinTrudeau/status/1876426601371763152

March 4, 2025 – US President Donald Trump Announces Tariffs on Canada

In a significant geopolitical move, US President Donald Trump introduces a first round of tariffs on Canadian goods, impacting trade relations between the two countries.

·      Liberal Party Odds: (+450)

·      Conservative Party Odds: (-400)

Per CBC: https://www.cbc.ca/news/politics/trump-tariff-march-4-1.7469928

March 10, 2025 – Mark Carney Becomes Liberal Leader

Former Bank of Canada Governor Mark Carney is officially announced as the new Leader of the Liberal Party, positioning himself as the primary challenger to the Conservatives.

·      Liberal Party Odds: (+160)

·      Conservative Party Odds: (-250)

Per CBC: https://www.cbc.ca/news/politics/livestory/liberal-leadership-race-mark-carney-elected-in-landslide-to-be-next-prime-minister-9.6678061

March 14, 2025 – Mark Carney Sworn in as Prime Minister

Following a rapid transition, Mark Carney is officially sworn in as Canada’s 24th Prime Minister, signalling a new era for the Liberal Party.

·      Liberal Party Odds: (+135)

·      Conservative Party Odds: (-100)

March 23, 2025 – Mark Carney Calls Snap Election for April 28

Carney a snap election set for April 28, 2025

·      Liberal Party Odds: (-150)

·      Conservative Party Odds: (+105)

Include Tweet: https://x.com/globepolitics/status/1902655650141983025

March 24, 2025 – Mark Carney Declines French Debate on TVA

In a controversial decision, Mark Carney declines participation in the French-language debate on TVA, drawing criticism from opposition parties and media.

·      Liberal Party Odds: (-125)

·      Conservative Party Odds: (+100)

Per: https://www.cbc.ca/news/politics/livestory/canada-election-cancelled-debate-steals-the-campaign-show-from-taxes-and-housing-9.6695827

Final Thoughts

The 2025 Canadian Federal Election is shaping up to be one of the most unpredictable races in recent history. With shifting political dynamics, key leadership changes, and economic challenges on the horizon, voters and political analysts are closely watching the odds. Stay tuned for more updates as the election date approaches.