Two smart money accounts have invested $19.6k in a prediction that a Canadian province will hold a referendum on secession before 2027. On the prediction market Polymarket, two smart money accounts have invested $19.6k to bet on "whether any Canadian province will hold a referendum on secession before 2027" with a 77% probability of "yes". On March 31, the Alberta separatist organization "Stay Free Alberta" announced that its independence petition had collected over 177,732 signatures. This number meets the legal threshold for triggering a citizen-initiated provincial independence referendum. The organization has set October 19th as the target date for the referendum. Regarding the current legislative process and timeline, the organization must submit all signatures to the Alberta Electoral Commission for official verification by May 2nd. Alberta Premier Danielle Smith opposes separatism, but amid recent westward alienation fueled by federal energy policy, she welcomed a debate on the issue within the caucus. Smith had previously pledged to push for the issue to be included in a referendum once the number of signatures on the petition was officially verified. According to the market's settlement rules, if any Canadian provincial government formally schedules a referendum on the province's potential secession from Canada by December 31, 2026 (Eastern Time), the event is settled as "yes." This applies regardless of whether the referendum merely establishes the will to independence, sets out a framework for independence, or directly declares independence, and regardless of its legal binding force. Note: Based on past trading history, this trader is not betting on whether the event will actually occur; rather, they have engaged in profit-taking and stop-loss behavior at certain points after opening a position. Account: 0x2b76c1d12cd928b1d95a6d2c7f1e6f6e7f14edef 0x7e31a5e9c31638483614e9fd9f945bb34692454d Total Investment: $19.6k --------------------------------- See the future sooner, follow @PolyBeats_Bot See tomorrow, today. Follow @PolyBeatsEN
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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