Incumbent Josh Morgan holds a dominant position in the London, Ontario mayoral race ahead of the October 26, 2026 vote, reflecting his 2022 victory with roughly two-thirds of the vote and his status as the first mayor seeking re-election in over a decade. Recent campaign launches have reinforced this dynamic: Morgan outlined priorities on housing supply, transit improvements, economic growth, and public safety, while main challenger Susan Stevenson, the Ward 4 councillor, emphasized neighbourhood security, small-business support, and city-hall accountability. Labour endorsements have backed Morgan, and a crowded field of additional candidates—including Kirsten Krose and John Feher—has not produced polling shifts or major developments that would narrow the gap. Trader consensus prices these factors as creating a wide lead for the incumbent, with limited volatility expected absent late-breaking events before election day.