Justin Trudeau Slams PM Candidate For Supporting Crypto

September 13, 2022

Canadian Prime Minister Justin Trudeau hit out at the conservative PM candidate Pierre Poilievre over his pro crypto stance.

Poilievre, a known pro-crypto politician, was elected as the new head of the Conservative Party of Canada on Saturday. ‘

Justin Trudeau, talking to reporters, hit out at Poilievre saying telling people they can opt out of inflation using crypto is not responsible leadership.

"Government is ruining the Canadian dollar, so Canadians should have the freedom to use other money, such as bitcoin," the conservative PM candidate said earlier this year.

Poilievre’s political disclosures revealed he owns at least $10,000 in units of Purpose Bitcoin, a Canadian bitcoin exchange-traded fund.

Poilievre said that he wants to make Canada the blockchain capital of the world.

The conservative PM candidate is against developing a CBDC.