Canada’s new Prime Minister, Mark Carney, set April 28 as the date for the 45th Canadian federal election.
Carney replaced Justin Trudeau, who was Canada’s prime minister since 2015 and the leader of the Liberal Party since 2013. Trudeau resigned from both positions.
The Liberal Party has been in power since the 2015 federal election.
With that in mind, which party has the shortest and longest Canadian federal election odds? Let’s find out.
2025 Canada Election Betting Odds
2025 Canadian Federal Election Odds To Win Most Seats
| To Win Most Seats | Odds | Implied Probability |
| Liberal Party | -450 | 81.82% |
| Conservatives | +300 | 25.00% |
| New Democratic Party | +20000 | 0.50% |
| Green Party | +30000 | 0.33% |
| People's Party of Canada | +30000 | 0.33% |
| Bloc Québécois | +50000 | 0.20% |
2025 Canadian Federal Election Odds To Win Second-Most Seats
| To Win 2nd Most Seats | Odds | Implied Probability |
| Conservatives | -450 | 81.82% |
| Liberal Party | +300 | 25.00% |
| Bloc Québécois | +2000 | 4.76% |
| New Democratic Party | +6600 | 1.49% |
| Green Party | +10000 | 0.99% |
| People's Party of Canada | +10000 | 0.99% |
Next Government
| Next Government | Odds | Implied Probability |
| Liberal Party Majority | -135 | 57.45% |
| Liberal Party Minority | +333 | 23.09% |
| Conservative Minority | +400 | 20% |
| Conservatives Majority | +600 | 14% |
Popular Vote Winner
| Party | Odds | Implied Probability |
| Liberal Party | -250 | 71.43% |
| Conservatives | +175 | 36.36% |
| Bloc Québécois | +10000 | 0.99% |
| New Democratic Party | +10000 | 0.99% |
| Green Party | +20000 | 0.50% |
| People's Party of Canada | +50000 | 0.20% |
Which Party Will Win the Most Seats in British Columbia?
| Party | Odds | Implied Probability |
| Liberal Party | -125 | 55.56% |
| Conservatives | +100 | 50.00% |
| New Democratic Party | +3300 | 2.94% |
| Green Party | +10000 | 0.99% |
Canada’s First Elected Female Prime Minister Odds (Must Assume Office Before 2032)
| Leader | Odds | Implied Probability |
| Chrystia Freeland | +500 | 16.67% |
| Melanie Joly | +800 | 11.11% |
| Melissa Lantsman | +1000 | 9.09% |
| Karina Gould | +1200 | 7.69% |
| Valerie Plante | +1200 | 7.69% |
| Christy Clark | +2500 | 3.85% |
| Shania Twain | +5000 | 1.96% |
Next Governor General of Canada Odds
| Leader | Odds | Implied Probability |
| Chris Hadfield | +600 | 14.29% |
| Stephen Harper | +800 | 11.11% |
| Kim Campbell | +1000 | 9.09% |
| Louise Arbour | +1100 | 8.33% |
| Phil Fontaine | +1200 | 7.69% |
| Jason Kenney | +1400 | 6.67% |
| Jody Wilson-Raybould | +1600 | 5.88% |
| Kevin O'Leary | +1600 | 5.88% |
| Margaret Atwood | +1800 | 5.26% |
| Jordan Peterson | +2000 | 4.76% |
| Elizabeth May | +2000 | 4.76% |
| Deb Grey | +2500 | 3.85% |
| Cindy Blackstock | +2500 | 3.85% |
| Wayne Gretzky | +5000 | 1.96% |
| Celine Dion | +5000 | 1.96% |
| Elon Musk | +6600 | 1.49% |
Quebec Referendum on Separation
| When Will Quebec Hold an Official Referendum on Separation? | Odds | Implied Probability |
| No Referendum on Separation by 2031 | +100 | 50% |
| Between Jan 1. 2029 and Dec 31. 2029 | +300 | 25% |
| Between Jan 1. 2028 and Dec 31. 2028 | +450 | 18.18% |
| Between Jan 1. 2030 and Dec 31. 2030 | +500 | 16.67% |
| Before December 31. 2027 | +700 | 12.50% |
Quebec Votes to Separate From Canada by 2031
| Quebec Votes to Separate From Canada by 2031 | Odds | Implied Probability |
| Yes | +350 | 22.22% |
| No | -500 | 83.33% |
When Is the 45th Canadian Federal Election?
The 45th Canadian Federal Election is set for April 28, according to Elections Canada.
List of Canadian Federal General Elections
| Year | Party | Leader | Seats |
| 2021 | Liberal | Justin Trudeau | 160 |
| 2019 | Liberal | Justin Trudeau | 157 |
| 2015 | Liberal | Justin Trudeau | 184 |
| 2011 | Conservative | Stephen Harper | 166 |
| 2008 | Conservative | Stephen Harper | 143 |
| 2006 | Conservative | Stephen Harper | 124 |
| 2004 | Liberal | Paul Martin | 135 |
| 2000 | Liberal | Jean Chréten | 172 |
| 1997 | Liberal | Jean Chréten | 155 |
| 1993 | Liberal | Jean Chréten | 177 |
| 1988 | Conservative | Brian Mulroney | 169 |
| 1984 | Conservative | Brian Mulroney | 211 |
| 1980 | Liberal | Pierre Trudeau | 147 |
| 1979 | Conservative | Joe Clark | 136 |
| 1974 | Liberal | Pierre Trudeau | 141 |
| 1972 | Liberal | Pierre Trudeau | 109 |
| 1968 | Liberal | Pierre Trudeau | 155 |
| 1965 | Liberal | Lester Pearson | 131 |
| 1963 | Liberal | Lester Pearson | 128 |
| 1962 | Conservative | John Diefenbaker | 116 |
| 1958 | Conservative | John Diefenbaker | 208 |
| 1957 | Conservative | John Diefenbaker | 112 |
| 1953 | Liberal | Louis St-Laurent | 169 |
| 1949 | Liberal | Louis St-Laurent | 191 |
| 1945 | Liberal | William Lyon Mackenzie King | 118 |
| 1940 | Liberal | William Lyon Mackenzie King | 179 |
| 1935 | Liberal | William Lyon Mackenzie King | 173 |
| 1930 | Conservative | R.B. Bennett | 134 |
| 1926 | Liberal | William Lyon Mackenzie King | 116 |
| 1925 | Liberal | William Lyon Mackenzie King | 100 |
| 1921 | Liberal | William Lyon Mackenzie King | 118 |
| 1917 | Unionist | Robert Borden | 153 |
| 1911 | Conservative | Robert Borden | 132 |
| 1908 | Liberal | Wilfrid Laurier | 133 |
| 1904 | Liberal | Wilfrid Laurier | 137 |
| 1900 | Liberal | Wilfrid Laurier | 128 |
| 1896 | Liberal | Wilfrid Laurier | 117 |
| 1891 | Conservative | John A. Macdonald | 118 |
| 1887 | Conservative | John A. Macdonald | 124 |
| 1882 | Conservative | John A. Macdonald | 134 |
| 1878 | Conservative | John A. Macdonald | 134 |
| 1874 | Liberal | Alexander Mackenzie | 129 |
| 1872 | Conservative | John A. Macdonald | 100 |
| 1867 | Conservative | John A. Macdonald | 100 |
Can You Bet on the Federal Election in Canada?
Yes, you can bet on the federal election in Canada.
U.S. presidential election odds and Australian Federal Election odds are also available for Canadian residents at the BetMGM online sportsbook.
What Else Can I Bet on With BetMGM in Canada?
Regarding Ontario online gambling at BetMGM, bettors 19 years old and above can place wagers on NFL parlays, MLB odds, and 2024-25 NBA championship odds.
Hockey betting lines are posted for the latest Toronto Maple Leafs Stanley Cup odds, and live betting for the CFL, college football, golf, tennis, soccer, MMA, and WNBA is also available.
