Canadian Federal Election Odds: Conservatives Lead Way as Favorites
The Liberal Party of Canada has received three consecutive national mandates, and while the next election has yet to be called, one of our top Ontario sports betting sites is posting 45th Canadian election odds.
The Liberal Party took over at the helm of the nation in 2015, winning a majority government while unseating the Conservative Party, which had led the way since 2006. The Liberals formed a minority government in 2019 and were re-elected for a third time and second consecutive minority in 2021.
However, the feeling throughout early polling is that change may be on the horizon when the next federal election is called.
Let's take a look at the Canadian federal election odds, which are available in Ontario only through FanDuel.
45th Canadian Federal Election odds
Market states: Settled on the Party of Prime Minister sworn in as a result of the 45th Canadian Federal Election. Verification via Elections Canada and Office of the Governor General.
Odds via FanDuel as of Jan. 16, 2024
| Party | Odds |
|---|---|
| Conservative (CPC) | -275 |
| Liberal (LPC) | +200 |
| Any Other Party | +2800 |
| New Democratic (NDP) | +6000 |
| Bloc Quebecois (BQ) | +10000 |
| Green (GPC) | +10000 |
| People's Party of Canada (PPC) | +10000 |
Which party is the 45th Canadian Federal Election odds favorite?
Conservative (CPC) (-275 via FanDuel)
The Conservative Party of Canada is the front-runner to form the next government of Canada. While the CPC hasn't won a federal election since the Justin Trudeau-led Liberals took over in 2015, it had formed two minority governments (2006 and 2008) and a majority government (2011) over the three previous elections.
With Pierre Poilievre leading the way, FanDuel is currently giving the party an implied win percentage of 73.33%. Abacus Data and Nanos Research did polling in January 2024, and it shows the conservatives with a sizable lead.
The last time the LPC or CPC (or one of the historical predecessors of the two parties) wasn't leading the country was prior to the 1921 election. Even the party that ruled from 1917 to 1921 primarily consisted of MPs who had previously served under the Conservative banner.
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