What prediction market trading is and why it’s gaining popularity

Financial services company Wealthsimple announced Thursday that it will start offering a new form of investment based on real-world events.

The product is called prediction market trading and it's gaining increasing popularity around the world.

Here's a breakdown of how it works, what's driving its growth and what investors should beware of.

What are prediction markets?

FDA panel backs first-of-its-kind flu vaccine using mRNA technology

WASHINGTON (AP) — A new kind of flu vaccine moved a step closer to the U.S. market Thursday as federal health advisers recommended approval of the first made with the same mRNA technology that was key to ending the COVID-19 pandemic.

The Food and Drug Administration is evaluating Moderna's new shot, dubbed mFlusiva, for older Americans ahead of the winter flu season. Moderna is seeking full approval for the vaccine's use in people ages 50 to 64 — along with authorization for use in those 65 and older while it conducts additional testing.

The FDA's independent advisory committee evaluated Moderna's studies of the vaccine and voted unanimously that its benefits appear to outweigh any risks for both age groups. The FDA will consider that recommendation in making a final decision by early August.

Tens of thousands of Americans die from influenza every year, and older adults are among the most vulnerable. There are various types of flu vaccines already available in the U.S., including three specifically recommended for people 65 and older. But vaccines made with the Nobel Prize-winning mRNA technology are faster to manufacture than other types — something experts say might help if the shape-shifting flu virus mutates in a way that requires suddenly brewing new doses to match.

Eager to work, teens find a frustrating summer job search

NEW YORK (AP) — Jaelyn Chester will wait your tables or stock your shelves. She’ll wash your dishes or scrub your toilets. If only someone would give the 17-year-old a chance.

“I’ve been looking everywhere,” says Chester, an A+ student, high school basketball star and aspiring engineer who has blanketed her community with dozens of applications. “I’m not unemployed because I’m incompetent. I’m unemployed because nobody’s hiring.”

The summer job, a rite-of-passage for generations of American teenagers, isn’t so easy to come by.

About one-third of 16- to 19-year-olds in the U.S. were employed last summer, federal data show, down from a peak of about 60% in the late 1970s. Experts’ pessimistic forecasts are combining with reports from frustrated jobless young people around the country to form a seasonal outlook far from bathed in sunshine.

Radon in Newfoundland public housing a reminder of urgent national problem: experts

ST. JOHN'S - The Newfoundland and Labrador government recently found hazardous levels of a cancer-causing gas in some of its public housing units, prompting some experts to call for mandatory testing across the country.

The Newfoundland and Labrador Housing Corp. tested for radon in 172 of its housing units as part of a pilot program with Health Canada and found 23 had levels exceeding federal health guidelines and needing remediation, a spokesperson said.

The public housing authority included some of those test results in a post to the provincial procurement website last month, looking for tenders from contractors that could install mitigation systems.

Kelley Bush, manager of Health Canada's national radon outreach program, applauded Newfoundland and Labrador's efforts and said provinces are stepping up to test public housing for the deadly, odourless gas. But she said there is more work to be done.

Cellphones silenced at LRSD board meetings to keep trustees ‘engaged’

LOUIS Riel School Division trustees are subject to new rules, which are not unlike the ones for 17,000 students in their division in southeast Winnipeg, that dictate when they can use their personal devices.

The board of trustees approved multiple updates to its code of conduct this month. Among them is the explicit requirement every member must use divisional laptops at their public meetings.

“We look at our iPhones, laptops, emails and text messages — that’s life nowadays, but trustees don’t only need to be present in the physical sense. We need to be engaged,” longtime trustee Chris Sigurdson told a recent meeting, speaking in French.

Sigurdson raised the topic on June 2, one week after the nine-seat board received a letter from a resident expressing concerns about tech-related distractions in the boardroom at 50 Monterey Rd.

Poll finds NDP much more popular than when elected

Support for Premier Wab Kinew and the New Democratic Party remains steady, while Obby Khan and the Progressive Conservative official Opposition are heading into the summer on a bit of a backslide, new polling results show.

Probe Research’s latest omnibus poll for June shows overall support for the NDP remains steady at 55 per cent, while the Tories have slipped to 32 per cent support — starting the legislature’s summer break in a slightly weaker position than when the last session began in March.

The results reflect the ongoing honeymoon for the New Democrats, who took power in October 2023 with 45 per cent support and have surged in popularity over more than two years. The Tories, meanwhile, entered the election cycle with 42 per cent support and have lost ground every step of the way since.

“We keep watching these numbers, wondering when the (NDP) bubble might burst — because it has to burst at some point, that’s politics — but it just doesn’t seem to happen. They seem to be just riding this incredible wave of political capital,” Probe Research partner Mary Agnes Welch said Wednesday.

SiR’s production of An Iliad explores war, in Troy and beyond

The Trappist Monastery Ruins are enlisted as the stand-in for a bedraggled Trojan battleground in An Iliad, the second production of Shakespeare in the Ruins’ 2026 season.

Director Christopher Brauer calls the St. Norbert heritage site — dusty, rugged and incomplete, a reflection of a majestic past fallen into disrepair — the perfect setting for the production’s lone survivor, a road-weary poet played by SiR artistic director Rodrigo Beilfuss, to grapple with tours of duty he might prefer to forget.

“He is not just a person who experienced the war in Troy, but he seems to somehow have been put on earth to travel from battle to battle and from war to war,” says Brauer, who directed Beilfuss in the 2022 Royal Manitoba Theatre Centre production of The Three Musketeers.

The director calls that literary adaptation of a sweeping, romantic epic a romp, where the “heroes are heroes and the villains are villainous.”

210 years of resistance: the Métis at Seven Oaks

This battle, which took place in present-day Winnipeg, was part of the Pemmican War, which saw several altercations between the Hudson’s Bay and North West companies as they fought for domination of the fur trade between 1812 and 1821.

An ancient oak tree said to have sheltered legendary Robin Hood has died

LONDON (AP) — A massive ancient oak tree linked to the legend of Robin Hood may have been loved to death.

The 1,200-year-old Major Oak in Sherwood Forest is believed to have died after it didn’t sprout leaves this spring, the Royal Society for the Protection of Birds said Thursday.

Visitors over the past two centuries who viewed the tree's gnarled limbs and sprawling canopy in Nottingham compressed the soil, making it difficult for rain to reach its roots, the conservation group said.

The forest has been under threat for years and the tree had been rumored to have died in the past — only to have the group confirm it was still alive.

Climate-driven heat in India’s textile factories stifles workers but coolers and ventilation help

SURAT, India (AP) — For dozens of workers at a textile manufacturer on the edge of Surat, the blazing temperatures and high humidity on a recent afternoon were amplified by steam, radiating heat and chemical smells that emerged from the heavy machines that dominate nearly every inch of the low-ceilinged factory floor.

The machines, called stenters, roared like engines, boilers hissed and drum washers released clouds of steam. The sound was relentless, the air heavy.

Soni Pande, a 27-year-old worker and single mother, said fans and coolers that spray mist help, but are overpowered on the hottest days.

“The heat does make us weak. We sweat a lot. Some people feel dizzy, unwell,” said Pande, who came from Bihar state in eastern India. “There are fans and coolers, but it's still so hot inside.”

Vehicle repair assistance startup creates practical, community-minded solution to real problem: Manitoba Innovates CEO

A mechanic fixed James Penner’s automobile last month in Ontario, but a Manitoba-made app connected him to the service.

When Penner’s vehicle needed a jump start after work, the Brampton, Ont., resident called his insurance provider’s roadside service program. They told him it would take more than two hours for help to arrive. It was late, so while he waited, Penner went online to search for alternatives.

That’s when he found Road Ally, a roadside assistance app that connects users to nearby mechanics.

Penner downloaded the app, requested help and received a quote for the job. A mechanic called to confirm an estimated time of arrival, Penner paid for the job via the app and the mechanic arrived shortly thereafter.

Travel Manitoba says it’s business as usual despite warning issued by U.S. agency

Travel Manitoba says it has received no questions or concerns from American tourists about a recent U.S. travel alert concerning the hepatitis A outbreak in Manitoba.

“We’re not getting any messages on our social media,” Louise Waldman, vice-president of communications for the Crown corporation said Wednesday. “Obviously, it’s something that we’re going to keep watching and we want to keep an eye on.”

The U.S. Centers for Disease Control and Prevention on June 4 issued a Level 1 notice advising travellers to Manitoba to “ensure that you are vaccinated,” practise good hand hygiene, avoid sharing syringes and practise safe sex to avoid getting the vaccine-preventable liver infection.

As of June 4, there were 784 reported cases of hepatitis A in Manitoba, including 186 in Winnipeg, the province reported this week. There have been 165 hospitalizations, eight admissions to intensive-care units and four deaths since the outbreak was first reported in April 2025.

Archaeology team unearths ‘prototype’ of world-famous Stonehenge monument just a few miles away

LONDON (AP) — Archaeologists revealed Thursday that they have discovered a structure near the prehistoric stone circle of Stonehenge in southern England that may have served as a “prototype” for the 5,000-year-old Neolithic monument.

A team from the British firm Wessex Archaeology said the structure would have consisted of two wooden poles 120 meters (394 feet) apart and aligned to point directly at the rising sun during the summer solstice and the setting sun at the winter solstice.

Researchers said the discovery predated Stonehenge by around 500 years.

The team was led by archaeologist Phil Harding, who is well known in the U.K. through his many years of excavations for Channel 4 TV series “Time Team.”

Sea Bears’ hype guy Kosyuga is the man behind the light-up shades

He jumps through the crowd with light-up sunglasses, displaying the message “Go Sea Bears Go” while his suit reacts to the fans’ cheers and the team’s advances.

Anton Kosyuga — the man behind the shades — has been prancing around Winnipeg’s sports centres since 2022.

“Everything was a complete accident. [I] never expected to be in the sports industry in general,” Kosyuga said.

Growing up, Kosyuga was never an athlete himself, but always on the sidelines cheering on his friends, front and centre.

School board’s plan violates rights of young people: children’s advocate

Backlash is mounting over the Steinbach school board’s plans to disregard “mature minor” status and recognize parents as primary decision makers in all student health matters.

Inaugural trail summit looks to forge new paths across Canada

In Manitoba, thousands of kilometres of trails wind through a range of landscapes, including prairie, forest, sand dunes and provincial parks, passing through communities and campgrounds.

And behind every stretch is significant work to keep them maintained and accessible.

Across the country, trails are under growing pressure from climate change, aging infrastructure, increased use and uncertain funding — pressures that inspired trail leaders, advocates, researchers and policymakers from 10 provinces and two territories to gather in Winnipeg this week for the first Canadian Trail Summit.

Hosted by Trans Canada Trail, the national charity that stewards Canada’s 28,000‑kilometre trail system, the four‑day summit features keynote talks, technical workshops, field trips and sessions on conservation, accessibility, tourism and innovation.

Smith tells First Nations chiefs to ‘check themselves’ over treason accusation

Alberta Premier Danielle Smith said Wednesday that a group of Indigenous chiefs need to "check themselves," after they accused her of potential treasonous activity for calling a separation vote.

The Assembly of Treaty Chiefs, representing First Nations across Alberta, unanimously voted this week to ask RCMP to look into whether the province's fall referendum amounts to criminal treason by Smith and her United Conservative Party.

The chiefs, in a news release, said organizing the vote is an intentional treaty violation and that Smith's government is ignoring serious risks to Canada's sovereignty.

They said that when their treaties were signed, the RCMP — then the North West Mounted Police — committed to ensuring the safety of First Nations, while the Crown promised goodwill in exchange for sharing the land.

‘Electrical non-compliances’ found at B.C. waterpark where kids were burned

CULTUS LAKE - The agency that oversees safety at B.C. amusement parks says investigators have found "electrical non compliances" at Cultus Lake Waterpark where a group of 12 schoolchildren suffered electrical burns on Monday.

Technical Safety BC, which is leading the investigation into what went wrong at the park, said in a statement on Wednesday that the finding means the park in the Fraser Valley will be shut until the problems are fixed and there is no timeline for reopening.

The regulator said its safety officers are “conducting a thorough assessment” at the park where the group suffered electrical burns requiring hospitalization.

The waterpark posted a statement on its website on Tuesday that said it was "fully co-operating with all authorities as they complete" their investigation.

Conservative MP’s bill on intimate partner violence becomes law

OTTAWA - Canada will take a harder stance on intimate partner violence after a Conservative MP’s private member’s bill became law Wednesday.

The Criminal Code will soon be updated to allow the killer of an intimate partner to be charged with first-degree murder regardless of whether the act was premeditated.

Bill C-225, which received royal assent in Parliament on Wednesday, will make first-degree murder applicable to killings that happen as part of a pattern of coercive or controlling conduct.

Frank Caputo, Conservative MP for Kamloops-Thomson-Nicola, put forward the private member's bill.