Bitcoin has demonstrated remarkable resilience in the past year, surpassing inflation and the S&P 500 despite Canadian Prime Minister Justin Trudeau’s skepticism. Several Members of Parliament in Canada, from both the Liberal and Conservative Parties, have revealed that they own digital assets.Pierre Poilievre, the opposition leader, not only encouraged Bitcoin investment but also demonstrated his confidence in the cryptocurrency by purchasing a Shawarma with Bitcoin during a campaign stop in March 2022. Disclosure records from May of that year reveal that he owns shares of the Purpose Bitcoin ETF (BTCC).Chandrakanth “Chandra” Arya, a Liberal MP representing Nepean in Ontario, held Bitcoin, Ether, and units of 3iQ’s Bitcoin fund and Ether fund in 2021. Joël Lightbound, another Liberal MP representing the Quebec riding of Louis-Hébert, owns shares of Purpose’s Bitcoin and Ether ETFs, Bitcoin, Solana tokens, and even has a “loan receivable from an individual” related to cryptocurrency.Vancouver MP Taleeb Farouk Noormohamed, despite being criticized for real estate speculation, owns Bitcoin, Ether, and Stacks (STX), the native token of Stacks Network, a Bitcoin layer-2 solution.These bipartisan revelations emphasize that digital asset ownership transcends political boundaries in Canada, shedding light on the growing acceptance and relevance of cryptocurrencies among lawmakers. Bitcoin’s impressive performance in the face of economic challenges and political skepticism demonstrates its resilience and potential as a financial asset.

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Information	Details
Geography	North America
Countries	🇨🇦 🇺🇸
Sentiment	neutral
Relevance Score	9
People	Pierre Poilievre, Taleeb Farouk Noormohamed, Chandrakanth Arya, Joël Lightbound
Companies	FINRA, Consumer Price Index (CPI), Ether, U.S. Bureau of Labor Statistics, Stacks Network, FAC, Stacks (STX), S&P 500, Ether fund, Purpose Bitcoin ETF (BTCC), 3iQ’s Bitcoin fund, Bitcoin (BTC)
Currencies	Ethereum, Solana, Bitcoin, Stacks
Securities	None