Winnipeg coming-of-age novel takes book club centre stage tonight

Broadening prediction-market gambling a bad idea

Let’s make a prediction: sooner or later, when Canadian governments find a way to take their own cut of the action, prediction-contract gambling on everything from sports to entertainment to political decisions is going to come to Canada.

And that’s a horrible, dangerous, pernicious idea.

Unless you have particular access to information — either inside information or strategic information based on skills or education — you’re not likely to make money at it. In fact, structurally, you’re likely to lose. In prediction markets, you basically pay an amount, plus fees from the company involved, to bet on whether something will or will not happen within a certain time frame. The amount you pay for your contract depends on how other people are also betting.

As Wealthsimple describes it, “You buy whichever side you think is right. Prices move with demand, so if the market leans towards one outcome, the more that side costs. If a lot of people are backing the TSX to finish above 38,000, yes gets more expensive and no gets cheaper.”

Gordon Bell rings in a century

Mischka Valencia had gotten used to the hum of heavy machinery at Gordon Bell High School.

“Ever since I’ve been here, it’s all been under construction,” the Grade 12 student said, standing on the sidelines of the brightly painted revamped outdoor basketball court. “I had no idea this was a court.”

The Filipina teenager landed in Winnipeg several months after the inner-city campus had transformed into a construction site.

It was the fall of 2023 and Mischka’s priorities were fitting in, befriending classmates and learning a third language via first-period French.

Morning-show veteran swaps microphone for macchiatos at new Corydon café

Good news if you were used to having your morning coffee with Terri Gale, who earlier this summer signed off from CTV Your Morning, after 15 years on the job.

Gale, the three-hour program’s longtime weather expert, and her husband Rob Gale, the ex-head soccer coach of Valour FC and co-founder of the Northern Super League’s new Winnipeg franchise, are the owners of Golden Hour Café and Bar at 775 Corydon Ave.

Gale (formerly Apostle) nods when she is asked who would know more about caffeinated beverages than a person who, for the last decade and a half, set her alarm to go off in the wee small hours.

“I do love coffee and take mine black. Except because I hate burning my tongue — not a good thing when you speak for a living — I got into the habit of throwing a couple of ice cubes in my cup, to be on the safe side,” Gale says, seated on the second level of their attractive, 2,100-square-foot premises, which officially opened in mid-September.

Blown lead spoils Jets opener

Younger. Faster. Stronger.

They may still be a long ways from a finished product, but it’s safe to say the new-look Winnipeg Jets made a mostly favourable first impression on Friday night in front of a sold-out crowd at Canada Life Centre.

Sure, a 4-3 overtime loss to a hard-nosed Boston Bruins outfit is going to sting a little, especially since the home team was just 98 seconds away from a regulation victory.

But if the Jets can bottle up this kind of energy and effort, they should enjoy plenty of success over the course of the 84-game campaign.

Health minister warns $1.2 billion in annual federal funding set to expire in March

Manitoba’s health minister is warning of possible cuts to health care with $1.2 billion in annual funding from Ottawa set to expire next year.

“We’re very concerned that what would be the largest cut to health care in a generation is right in front of us,” Health Minister Uzoma Asagwara said Thursday at the Manitoba legislature. “It means that services that Manitobans depend on will be in jeopardy and be at risk.

“Any reductions, any cuts from Canada, will have direct impacts on the health outcomes of Manitobans.”

Asagwara, who serves as the provincial and territorial health minister lead, chaired a virtual meeting Tuesday with provincial and territorial health ministers to discuss federal funding for health care, mental health care and substance use services, which is scheduled to expire March 31, 2027.

J’accuse!: Kinew uses French to fry interim Tory leader over alleged caucus subterfuge

NDP Premier Wab Kinew took a dig at the Progressive Conservatives’ leadership change while facing off with Obby Khan’s short-term replacement for the first time in question period Thursday.