Bitcoin-friendly Conservative leader Pierre Poilievre will no longer be a member of parliament after losing his seat in an election that saw Mark Carney’s Liberal Party secure enough seats to form at least one minority government.

Data from Elections Canada, reported by CBC, shows that Poilievre lost his Ottawa seat to Liberal Brunce Fanjoy on Monday night after a 5-week election cycle triggered by Carney, current prime minister, last month.

In general, the liberal party took about 162 seats from 12:00 eastern time, which is enough to form a minority government.

These are fewer than the recent polls that expected a Carney-led liberal party to hit the majority government-19-172 seats-in-consideration of the threats that US President Donald Trump made to the country’s sovereignty and the punishing tariffs directed by the White House.

However, CBC News noted from midnight that the votes were still coming in, and it is not yet clear whether the Left will win enough seats to form the majority government.

If the current results are under the British-inspired Westminster system, under which Canada operates, the liberal need for support from another opposition party, such as separatist-minded Bloc Quebecois, or the left-legged new Democratic Party to pass bills in the House of Home.

A conservative-led non-confidence movement, if it were to have the support of another party, would be sufficient to trigger another election self it is far too early for this to be considered.

Unlike the United States, where crypto played an important role in moving the needle on winning congressional races and helping to put Trump back in the White House, it seemed to be a muted affair in Canada.

While both Carney and Poilievre have discussed crypto in the past, the question did not come up with any of the campaigns, although it was an important question for many conservative MPs.

At the polymemarket, a contract that asked Bettorer to predict the next prime minister in Canada, $ 100 million marked (in US dollars) in volume, and a dozen other election -related questions had close to another $ 100 million in volume collectively.