Features
MK Global Trade offers local businesses the opportunity to engage in barter with hundreds of other businesses
By BERNIE BELLAN
With the crippling effect that the Covid pandemic has had on the economy, and with so many small businesses suffering either to the point of having to scale back operations or even close down completely, many business people have been looking to alternative ways of doing things.
As a small businessperson myself, I have always been interested in the concept of barter – of trading service for service or goods for goods. Recently I happened to be talking with Martin Kahan, owner of MK Global Trading, which is a well-known barter operation based out of Winnipeg.
I said to Martin that I would like to interview him about his business. I’ve known Martin since we attended Talmud Torah together back in the 1960s, but I had never profiled him in this paper. Considering that barter as a concept is older, in fact, than money itself, but there are relatively few companies engaged in arranging barter transactions between different companies, profiling Martin Kahan is something that has long been overdue in this paper.
I spoke to Martin in the middle of January. I began by asking him how he became involved with barter.
Martin said: “I originally got involved in the late 80s and early 90s…I didn’t even know it was barter…because I was doing business in – of all places, Ukraine, and we were doing different trades with them – myself and a couple of other people.
“What I realized very quickly was that money wasn’t the be-all and end-all. Sure, they needed money, but to make certain things happen I was told: ‘Maybe you can supply sugar, for instance, because I’ve got this guy over here and this guy over there and in order to make a deal to work I had to please everybody.
“So that was my first inauguration, so to speak, in what I call ‘multi-directional barter’.
“In 1997 I was approached by a company called Barternet. That was one of the first barter companies in Manitoba. How they got a hold of me I honestly have no idea, but they did. They suggested I come work with them and I helped build their company.
“It was an interesting relationship, to say the least. I ended up leaving there after four years.
“In 2001 I started working for another company called Canadian Barter System – worked there for about six and a half years – helped build up their company. We parted our ways at that point and, here I am then – 54 years old, and asking myself: ‘What should I do? I don’t want to work for anyone else any more’.
“I decided I’ll throw caution to the wind and I’ll start my own little barter company, thinking it was just going to be a small company. That’s when I created MK Global Trade (in June 2007). One deal led to another deal, one client led to another client and over a two-year period we became a pretty good-sized company – about 260 companies as members.
“Eventually Canadian Barter Systems – the company that I had left, went out of business, and we just kept on growing. Today, here we are: We’re about 640 local businesses.
“Further, we are interconnected with barter exchanges across the country, so we literally have representation all the way from Montreal to Vancouver.”
At that point Martin began to explain more fully how MK Global Trading works:
“Most people think they understand barter; they don’t. Most people think barter is one on one – I have this, you have that and, that generally works if both parties have what the other needs.
“What happens if the other one doesn’t have what the other one needs? Then the system doesn’t work.
“In our system we have 640 companies that you can use a combination thereof to pay for the things that you’d otherwise be paying Canadian dollars for. We use a currency called trade dollars (or trade credits).
“Something else to bear in mind is that everyone in our network is another business person. If you do a good job for someone, regardless how you get paid for that job, at the end of the day if they’re happy with you as a business person they’re going to tell others about you.”
I asked Martin how barter is treated for tax purposes.
He said: “Some people may wonder about the CRA and barter. Their (the CRA’s) perspective is they don’t care how you get paid so long as legitimate invoices are issued, and as long as taxes are collected and submitted.
“This is how it works with MK Global: Every single account is assigned a broker. (There are three different brokers in the office.) Our jobs as brokers is to present you the opportunity to do business with someone you’ve never done business with before. At the same time we’re interested in bringing your company more business.
“One of the things that has given me the most satisfaction over the years is the close ties we have formed with the local business community. Ninety-nine per cent of our clients are local businesses. They’re not the big box stores; they’re just local, down to earth businesspeople. Our objective from day one has been to work with them – to give them support so that they can get additional business that they would otherwise not be getting.
“At the end of the day they can be just as productive as the big box stores; they just don’t have the budgets to market themselves.
I asked Martin how much MK Global charges for its service: He answered: “We charge a five per cent commission when any company buys or sells something on MK Global.”
In return for that commission, Martin notes that “even though everyone these days is online, we tell people to be in constant contact with their brokers so that if you need something, just reach out to whoever is in charge of your account. Just send us a text, an email, phone us – that additional five percent is for us to be your ‘walking through the Yellow Pages’.”
I wondered how his business has been affected by the pandemic.
Martin responded that there have been two noticeable effects: “The total volume of business has gone down” – because there’s been a general wide scale drop off in most sectors of the economy as a whole.
But, at the same time, Martin notes, “our base of clients has actually increased by some 80 odd clients since March of last year. Again, people need to do something. They need to buy, they need to sell, they need to be active.”
Something that MK Global has done to help new clients is drop the initial entrance fee of $300 – and keep it off until things begin to return to some sense of normalcy.
“Our volume every year is in the millions of dollars. We know that the higher our volume the more we’re contributing to the economy.”
One other thing that MK Global has also done recently is completely revamp its website, MKGlobalTrade.com. The site provides an easy-to-understand explanation how its system works. It also has a complete listing of all its members, broken down by different categories.
These days all companies are having to innovate in ways that they might not have even considered doing prior to the pandemic. Barter offers an interesting and potentially lucrative method of increasing business at very little cost.
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Features
Ontario Online Casinos Let Players Set Daily, Weekly and Monthly Deposit Limits
A deposit limit sets a ceiling on how much money someone can add to an online gambling account. In Ontario’s regulated market, players can choose limits covering 24 hours, seven days and one month, with the website’s system enforcing the amounts they select.
The settings are straightforward, but the timing deserves attention. A daily allowance may sit within weekly and monthly caps, while an increase can involve a waiting period. For adults using Chrome on a Chromebook, understanding these account rules starts with knowing where to find them.
Finding the Settings and Choosing a Period
Deposit controls sit within the gambling website’s account menus. The Tooniebet Ontario responsible gaming page is an operator-specific resource readers can consult alongside their account settings. ToonieBet is operated by Canadix Limited and regulated by the AGCO under an agreement with iGaming Ontario.
Ontario’s standards require an easy and obvious way to set financial and time limits during registration and afterward. Players must be offered deposit and loss limits when signing up, and the controls must remain easy to reach and change once an account is open.
Menu names differ between sites. Published examples place deposit limits under account settings or responsible-gaming tools, where players can select an amount and a period.
Each type of limit measures something different. Deposit limits cap money added to the account. Loss limits restrict net losses after winnings are taken into account, while time limits govern playing time. iGaming Ontario’s player guidance explains all three.
For Chromebook users, these settings are managed through the website’s account interface. Chrome’s own permissions handle separate browser functions, such as access to location information.
How Several Limits Apply to One Deposit
Players can have daily, weekly and monthly limits running together. A deposit must fit within every active cap.
Take a hypothetical account with limits of CAD $40 daily, CAD $100 weekly and CAD $250 monthly. These figures illustrate the process.
If someone has already deposited CAD $90 during the weekly period, the remaining weekly allowance is CAD $10. That becomes the most they can add, even when the daily limit has more room. Reaching the monthly cap would likewise block another deposit until some monthly allowance becomes available.
This is why checking all active limits matters. A new day may bring fresh daily capacity while the weekly or monthly total remains close to its ceiling. The longer periods continue to apply as the shorter one refreshes.
When Money Drops Out of a Rolling Window
The next question is when previous deposits stop counting toward a cap. Some sites use rolling periods, which track elapsed time from individual deposits.
Published Ontario policies include daily windows of 24 hours, weekly windows of 168 hours and monthly windows of 720 hours, equivalent to 30 days. Under that approach, each deposit frees up its corresponding allowance once it falls outside the window.
Suppose someone has a CAD $100 rolling weekly limit and deposits CAD $25 on Friday, followed by CAD $75 on Saturday. Seven days after Friday’s deposit, CAD $25 becomes available again. The other CAD $75 returns seven days after Saturday’s deposit.
Leaving the restored Friday allowance unused means it combines with Saturday’s restored amount. At that point, the full CAD $100 is available. Reviewing deposit dates and times helps explain how much room remains within a rolling period.
Changing a Cap Takes a Separate Step
A limit refreshing follows the schedule already attached to the account. Raising that limit requires a request and a wait.
Ontario’s standards require at least 24 hours before a player’s request to relax or remove an established limit can take effect. The existing limit remains enforceable during the cooling-off period.
Operators publish their own timings. Documented examples include a seven-day wait for deposit-limit increases or removals. Another published schedule allows increases after one day for a daily cap, seven days for a weekly cap and 30 days for a monthly cap.
Lower limits take effect immediately under these published policies. Some policies also restart the waiting period when a player requests another increase while an earlier change is pending. The effective date shows which amount currently applies.
Other Controls and Support
Deposit limits work alongside loss limits, time limits, short breaks and self-exclusion. Together, these give players ways to restrict account funding, gambling activity or access.
Ontario-regulated online casino play is restricted to adults aged 19 and older who are physically in Ontario. Gambling involves financial risk.
For concerns about your gambling or someone else’s, ConnexOntario offers free, confidential information and referral support around the clock. Call 1-866-531-2600 or text CONNEX to 247247. Standard message and data rates may apply.
Features
What “Best Odds” Really Means When Comparing Gambling Review Websites
The phrase best odds appears frequently in gambling discussions, but it is surprisingly easy to use imprecisely. MonsterBetList is primarily a casino review and rankings website, not a dedicated live sportsbook odds comparison terminal. That difference is central to evaluating what its reviews can and cannot establish. A casino rating may explain payout conditions, licence information and bonus restrictions, while a claim about the best available price on a sporting outcome requires a different kind of evidence altogether.
Odds and ratings answer different questions
Sports betting odds represent a price offered on a specified outcome. A review rating is an editorial judgement built from multiple criteria. These two numerical systems cannot be substituted for one another. A bookmaker rated highly for service may offer a less competitive price on a particular match, while a service with a more attractive price may impose different limits or verification rules.
Similarly, a casino review can discuss return-to-player statistics, but RTP is not the same as sportsbook odds. RTP describes a theoretical long-run percentage built into a game model. It does not tell a reader what will happen in one session and it is not an individually negotiable market quotation.
What makes sports odds comparable?
A fair odds comparison starts with identical selections: the same event, outcome, market rules and settlement conditions. Comparing a three-way football result with a draw-no-bet price is invalid because the products pay under different circumstances. The observation time also matters; displayed prices can change quickly as market information or trading decisions evolve.
The numerical format should be standardised. Decimal odds provide one convenient representation, but American and fractional formats express the same underlying idea differently. Converting these formats is straightforward. What matters is the net price, the operator’s rules and whether the quoted offer remains available when reviewed.
Overround explains the hidden cost of many markets
In a simplified two-outcome market, dividing one by each decimal price produces an implied probability. If the implied probabilities add to more than 100%, the excess is commonly described as the bookmaker’s overround. It is one way of understanding the margin embedded in prices, although individual market structure and adjustments can complicate the interpretation.
This concept explains why the word best should not be attached to a price without context. A strong headline may look appealing yet represent an ordinary margin after calculation. More importantly, any single quote is time-dependent. Genuine comparison requires a dated observation and equivalent market rules; broad editorial praise is not enough.
What casino rankings can establish instead
MonsterBetList publishes casino reviews and guides addressing licences, bonuses, payout experiences and responsible gambling. Those topics are relevant to evaluating consumer risk and service quality. A report about the length of a withdrawal process, for example, can be useful if its methodology is transparent. A bonus review can help identify restrictive wagering requirements that marketing headlines omit.
However, a casino ranking should not be presented as evidence that its highest-rated operator consistently offers the best sports prices. Unless a site publishes repeated market-by-market comparisons, that conclusion is not supported. Readers benefit when publishers clearly distinguish what was measured from what readers might assume was measured.
Bonuses can complicate comparisons
A sportsbook may offer free-bet tokens, cashback or other promotions. Their effective value depends on conditions rather than the largest number printed in a banner. Some credits are not withdrawable as cash; others require qualifying selections, minimum odds or a deadline. Casino welcome bonuses often introduce wagering requirements, game-contribution rules and limits on withdrawals. Combining these products under one generic promotional score can hide important differences.
For instance, a large matched deposit might require extensive play before bonus-related funds become eligible for withdrawal. The required betting volume is not a promise of profit. The presence of a promotion may therefore make comparisons more complex instead of simpler. Clear disclosures should precede any judgement about value.
Editorial independence and methods
Review sites sometimes state that rankings are editorially independent. Such a statement is relevant but does not replace evidence of consistent testing. Readers should look for the criteria used, the date of each review, whether real transactions were examined and how negative findings are treated. If one platform receives detailed testing while another is scored on marketing copy, the ranking loses comparability.
Commercial incentives should also be visible. Referral relationships or sponsorships do not automatically make every observation inaccurate, but they create reasons to ask how rankings are insulated from revenue. A publication that explains its methodology and corrections process gives readers a stronger basis for trust than one that simply declares its winners.
Licensing and dispute rights before price claims
A marginally attractive price is of limited value when the operator is not legally available to the reader or does not provide meaningful avenues for redress. Regulations vary by jurisdiction, and a licence in one country may not authorise service in another. It is prudent to verify the legal entity behind a brand and the current status of any licence through official records.
Consumers should also review identity verification, account restrictions and dispute resolution procedures. These operational conditions influence the actual experience of using a gambling service. A sensible evaluation includes them before discussing promotions or theoretical market advantages.
Why guaranteed-profit language is a warning sign
No ordinary review or odds list can guarantee that an individual will win money from gambling. Claims of certain returns often omit the fact that results are uncertain, prices move and transactions are subject to restrictions. Casino games generally incorporate a house advantage, and sports outcomes remain uncertain regardless of a persuasive analysis. The safest response to absolute promises is scepticism.
Readers should also avoid treating gambling as a means of addressing financial problems. Chasing previous losses and increasing stakes to recover money can deepen harm. Consumer-oriented coverage is more valuable when it explains risk and offers realistic options for stepping away.
Conclusion: define the claim before ranking the service
“Best odds” is a specific comparative proposition, not a synonym for a high casino rating. MonsterBetList can be examined for its published casino research, review structure and risk disclosures, but those materials should not be stretched into claims they have not tested. Clear definitions, dated evidence and honest limitations are the foundations of trustworthy comparison journalism.
