Craig Hodge leads the Coquitlam mayoral race with the highest implied probability, driven by his four terms on city council, early campaign launch in late 2025, and endorsement from retiring Mayor Richard Stewart. The three-candidate contest—against two-term Councillor Trish Mandewo and newcomer Madhavee Inamdar—solidified after nominations closed in mid-September for the October 17 vote. Hodge emphasizes continuity on growth management, affordability, public safety, and regional partnerships. Mandewo highlights her UBCM and FCM leadership experience plus established provincial and federal relationships, while Inamdar focuses on accountability, public trust, and fresh approaches to equity and technology. Traders appear to price in Hodge’s incumbency-like advantages and head start amid limited recent polling or major campaign shifts.