Canada

Region: Americas

Monitored elections

Type

Federal Election 2025

Date

2025-04-28

Status

Completed

Divergence analysis

Prediction market × polls

The Liberals won the 2025 federal election, taking the most seats (169 to 144) with Mark Carney in the lead. The most revealing part was the swing: in January the market gave the Conservatives about 85%; by April it flipped to the Liberals around 80%, with the two parties' vote share near-tied throughout. The market repriced the winner before the polls did. The market measures who wins seats, the poll measures vote share; that gap, party by party in the table, is the signal AFOS tracks.

CandidatePollMarketDivergence
Liberal43%80.2%+37.2pp
Conservative41%19.5%-21.5pp
NDP7%0.1%-6.9pp
Bloc Québécois6%0.1%-5.9pp
People's Party1%0.1%-0.9pp
Green1%0.1%-0.9pp

🏆 Who won?

Volume: $11.9M
Liberal80.2%
Conservative19.5%
Bloc Québécois0.1%
NDP0.1%
People's Party0.1%
Green0.1%

Implied probability (Polymarket) · total volume US$ 11.9M

0255075100Jan 25Apr 25
Conservative <1%Liberal 99%NDP <1%People's Party <1%Green <1%

Latest poll (Liaison Strategies, 2025-04-27) cross-referenced with Polymarket odds. Open dataset with 437 polls. 🤗 Open dataset

Structural context

Governance (0–100 scale)

Political stability76
Voice & accountability83
Rule of law82
Government effectiveness86
Regulatory quality76
Control of corruption81

Economy

Population41.3M
GDP$2.24T
GDP per capita$54,340
Inflation2.4%

Education

Public education spending (% GDP)4.8%
Expected years of schooling16.2 years

Source: World Bank — Worldwide Governance Indicators + World Development Indicators (2024). Annual structural indicators that contextualize the country; they do not predict the electoral outcome. WGI ↗ · WDI ↗

Cross-reference graph

The election at the center, with markets, polls, press and structural context around it. The divergence between market and poll is the colored line, with the Δpp on it.

market × poll divergence (Δpp) convergence (low Δ) poll reading market correct market wrong press (anchors) navigation (click)drag nodes · scroll to zoom

Overview

Track Canada's election with prediction market data, electoral polls, and political risk analysis.

Political Risk

Canada's political landscape is monitored with prediction market signals, public sentiment, and critical events that may impact FX, investments, and governance.

Market Relevance

Elections in Canada directly impact capital flows, FX, and sovereign risk perception. Prediction markets offer early signals on likely scenarios.

Why monitor

Canada is one of the markets monitored by AFOS Analytics. Cross-referencing prediction markets and polls enables more informed decisions for investors, analysts, and citizens.