Maxime Bernier, founder and leader of the People's Party of Canada, has said he supports the adoption of cryptocurrencies in the state.

In a Tuesday tweet, Bernier said cryptocurrencies are "another new and innovative way" to counter the actions past cardinal banks, which he claimed are "destroying our coin and economic system." The Canadian politician has criticized the Depository financial institution of Canada for "printing money" and called out Prime Minister Justin Trudeau for his economical policies.

Bernier, a quondam cabinet minister known by some as Mad Max, has been outspoken in his criticism of vaccine mandates in Canada at a time when the number of COVID-19 cases in the land continues to rising. He has too advocated for ending lockdowns and mask mandates and confronting the rollout of a vaccine passport arrangement.

The politico'south remarks come earlier a Canadian federal election scheduled for adjacent Monday, with the People's Party currently property no seats in the land's parliament. Though many right-leaning politicians worldwide accept adopted pro-crypto stances as part of their campaigns or policies once in office, the role of Bitcoin (BTC) and crypto is seemingly non a one-party effect.

Canada has often paved the fashion for many initiatives in the crypto space. Ethereum co-founder Vitalik Buterin is Russian-Canadian and investments firms have been able to successfully launch crypto exchange-traded funds while U.Southward. regulators take yet to reach a decision on the investment vehicle.

Related: Crypto in Canada: Where are nosotros today, and where are we heading?

Yet, many Canadian lawmakers, including Trudeau, take been largely silent on the function cryptocurrencies may play in the country's economy. Trudeau's one-half-brother, Kyle Kemper, is an outspoken Dogecoin (DOGE) enthusiast whom the Canadian regime in one case paid to speak at a blockchain conference.

Cointelegraph reached out to the People'due south Party of Canada, but did not receive a response at the fourth dimension of publication.