Proceedings.

What the professionals charged

3,597 bills from 234 firms on 874 matters · 9,084 stated hourly rates · as the filings state them

The rate ladder, drawn to scaleThe ladder

CAD · standard rates · drawn at 12 or more

Each bar runs from the 25th to the 75th percentile of the stated standard hourly rates in the band, with the median marked — the bar and its three figures are for subscribers. One observation per person per rate, Canadian dollars, undiscounted, on matters with no recognition proceeding.A band with fewer than 12 observations draws nothing.

The rate ladder is drawn for subscribers — the 25th, median and 75th percentile of 9,084 stated hourly rates, band by band. The bands and their counts are open to everyone.

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101150 of 156 stated rates
PersonFirmCasePeriodRate Source
Meg OstlingKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Dec – 31 Dec 2024•••Tenth Report of the Monitor dated May 28, 2025
Christopher KnoxManagerDeloitte Restructuring Inc.MonitorSperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.BC · closed19 Nov – 13 Dec 2024•••Second Report of the Monitor, June 26, 2025
Meg OstlingKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Nov – 30 Nov 2024•••Tenth Report of the Monitor dated May 28, 2025
Meg OstlingKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Oct – 31 Oct 2024•••Tenth Report of the Monitor dated May 28, 2025
Meg OstlingKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Sep – 30 Sep 2024•••Tenth Report of the Monitor dated May 28, 2025
Meg OstlingKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Aug – 31 Aug 2024•••Tenth Report of the Monitor dated May 28, 2025
Meg OstlingKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jul – 31 Jul 2024•••Tenth Report of the Monitor dated May 28, 2025
Meg OstlingKSV Restructuring Inc.MonitorBioSteelON · closedto 15 Jul 2024•••Sixth Report of the Monitor dated July 24, 2024
Meg OstlingAll aspects of mandateKSV Restructuring Inc.MonitorBioSteelON · closed1 Mar – 15 Jul 2024•••Sixth Report of the Monitor dated July 24, 2024
Meg OstlingKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jun – 30 Jun 2024•••Tenth Report of the Monitor dated May 28, 2025
Martin KosicKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Dec – 31 Dec 2024•••Tenth Report of the Monitor dated May 28, 2025
Tony TrifunovicManagerKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Jul – 30 Sep 2024•••Sixth Report of the Monitor dated October 23, 2024
Tony TrifunovicKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Jul – 31 Jul 2024•••Sixth Report of the Monitor dated October 23, 2024
Meg OstlingKSV Restructuring Inc.MonitorBioSteelON · closedto 30 Apr 2024•••Sixth Report of the Monitor dated July 24, 2024
Maha ShahKSV Restructuring Inc.MonitorBlack Press Ltd.BC · closed1 Dec 2023 – 25 Mar 2024•••Third Report of the Monitor dated April 5, 2024
Christian VitAll aspects of mandateKSV Restructuring Inc.MonitorChalice Brands Ltd.ON · closed1 Sep 2023 – 18 Jan 2024•••Supplement to Fourth Report of the Monitor dated January…
Tessa ChiricostaConsultant · officers of the court · associateFTI Consulting Canada Inc.MonitorInca One Gold Corp.BC · closed3 Jun – 6 Oct 2024•••Second Report of the Receiver
Amna MasudManagerPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closedto 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Amna MasudMANAGERPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closed2 Nov 2023 – 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
N AdvaniMANAGERPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closed2 Nov 2023 – 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Tammy MuradovaMANAGERPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closed2 Nov 2023 – 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Tammy MuradovaManagerPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closedto 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Kevin MengAnalyst · officers of the court · associateAlvarez & Marsal Canada Inc.MonitorTokyo SmokeON28 Aug – 16 Nov 2024•••Third Report of the Monitor
Athena LeungSenior Associate · officers of the court · associatePricewaterhouseCoopers Inc.Monitor1000843823 Ontario IncON9 Jan – 22 Mar 2024•••Second Report of the Monitor
Mariana DizonSenior Associate · officers of the court · associatePricewaterhouseCoopers Inc.Monitor1000843823 Ontario IncON9 Jan – 22 Mar 2024•••Second Report of the Monitor
Matthew FarinaSenior Associate · officers of the court · associatePricewaterhouseCoopers Inc.Monitor1000843823 Ontario IncON9 Jan – 22 Mar 2024•••Second Report of the Monitor
Natalia ChtcherbakovaSenior Associate · officers of the court · associatePricewaterhouseCoopers Inc.Monitor1000843823 Ontario IncON9 Jan – 22 Mar 2024•••Second Report of the Monitor
Nicole EdickSenior Associate · officers of the court · associatePricewaterhouseCoopers Inc.Monitor1000843823 Ontario IncON9 Jan – 22 Mar 2024•••Second Report of the Monitor
Laura ConortonSenior · officers of the court · associateDeloitte Restructuring Inc.MonitorAntibe Therapeutics Inc.ON · closed•••Motion Record
Jordan YinSenior Analyst · officers of the court · associateDeloitte Restructuring Inc.MonitorSperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.BC · closed19 Nov – 13 Dec 2024•••Second Report of the Monitor, June 26, 2025
Kaleb ButtSenior Analyst · officers of the court · associateDeloitte Restructuring Inc.MonitorSperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.BC · closed19 Nov – 13 Dec 2024•••Second Report of the Monitor, June 26, 2025
Sally BaoSenior Analyst · officers of the court · associateDeloitte Restructuring Inc.MonitorSperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.BC · closed19 Nov – 13 Dec 2024•••Second Report of the Monitor, June 26, 2025
Tess CarandangPara Professional · officers of the court · staff · DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 31 Aug 2024•••Motion Record of the Applicants
Tess CarandangPara Professional · officers of the court · staff · DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 3 Aug 2024•••The purpose of this One Hundred Sixty Fourth Report of the…
Cam BearPara Professional · officers of the court · staff · DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 31 Aug 2024•••Motion Record of the Applicants
Cam BearPara Professional · officers of the court · staff · DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 3 Aug 2024•••The purpose of this One Hundred Sixty Fourth Report of the…
Robert FergusonPara Professional · officers of the court · staff · CCAA Administration / DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 31 Aug 2024•••Motion Record of the Applicants
Robert FergusonPara Professional · officers of the court · staff · CCAA Administration / DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 3 Aug 2024•••The purpose of this One Hundred Sixty Fourth Report of the…
Bob WeiAnalyst · officers of the court · associateAlvarez & Marsal Canada Inc.MonitorTokyo SmokeON28 Aug – 16 Nov 2024•••Third Report of the Monitor
Kinderjit SanghaPara Professional · officers of the court · staff · DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 31 Aug 2024•••Motion Record of the Applicants
Kinderjit SanghaPara Professional · officers of the court · staff · DistributionErnst & Young Inc.MonitorNortel Networks CorporationON29 Oct 2022 – 3 Aug 2024•••The purpose of this One Hundred Sixty Fourth Report of the…
Mariana DizonSENIOR ASSOCIATEPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closed2 Nov 2023 – 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Mariana DizonSenior Associate · officers of the court · associatePricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closedto 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
N EdickSENIOR ASSOCIATEPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closed2 Nov 2023 – 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Natalia ChtcherbakovaSenior Associate · officers of the court · associatePricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closedto 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Natalia ChtcherbakovaSENIOR ASSOCIATEPricewaterhouseCoopers Inc., LITMonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closed2 Nov 2023 – 19 Apr 2024•••Supplement to the Fifth Report of the Monitor
Prajwol BhandaryKSV Restructuring Inc.MonitorBlack Press Ltd.BC · closed1 Dec 2023 – 25 Mar 2024•••Third Report of the Monitor dated April 5, 2024
Catherine TheriaultKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Dec – 31 Dec 2024•••Tenth Report of the Monitor dated May 28, 2025
Kaleb DekkerStaffErnst & Young Inc.MonitorDonnelly Holdings Ltd, et al.BC · closed1 Jan – 30 Jun 2024•••Affidavit #1 of M. Bell
Bhavnani DivyaPricewaterhouseCoopers Inc.Monitor1000843823 Ontario IncON9 Jan – 22 Mar 2024•••Second Report of the Monitor

What a bill looks likeBenchmarks

Measured across the record

A partner's hour

•••

median of each bill's top standard rate, 2026, over 178 bills; 195 in 2025

The blended rate, stated

•••

median of the average hourly rates filings state outright, counsel, over 945 bills. A further 74 bills state fees and hours and no rate; that quotient is kept as its own series and never mixed in.

Counsel by year of call

•••

median standard rate by years since call — 0-4 years (224), 5-9 years (151), 10-19 years (212), 20+ years (264)

Where the rates are

3,597 bills

monitor 591 · receiver 1,013 · interim receiver 38 · trustee 64 · …

Who bills these estatesWho bills

Named in the filings
  1. KSV Restructuring Inc.Information officer · Interim receiver · Monitor · Proposal trustee · Receiver · Trustee · 108 matters354
  2. Deloitte Restructuring Inc.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 64 matters191
  3. MNP Ltd.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 96 matters182
  4. FTI Consulting Canada Inc.Information officer · Monitor · Receiver · 49 matters181
  5. Ernst & Young Inc.Information officer · Monitor · Proposal trustee · Receiver · 42 matters136
  6. Cassels Brock & Blackwell LLPCounsel · 45 matters129
  7. BDO Canada LimitedInterim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 68 matters122
  8. Aird & Berlis LLPCounsel · 61 matters103
  9. Alvarez & Marsal Canada Inc.Information officer · Liquidator · Monitor · Proposal trustee · Receiver · 41 matters91
  10. PricewaterhouseCoopers Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 30 matters74
  11. Grant Thornton LimitedInterim receiver · Monitor · Proposal trustee · Receiver · Trustee · 35 matters67
  12. Dentons Canada LLPCounsel · 31 matters62

Bills, counted one per firm per period however many filings restate it. 234 firms appear in the record; these are the 12 with the most.

How to read thisMethod

The frame. Every figure here comes from a fee affidavit, a passing of accounts, a motion record or an officer's report that a court file holds — fees that were filed for approval, which skews to the larger, longer and more contested mandates. It is not a survey of all insolvency work.

The series. The ladder and the tiles use standard hourly rates of named people, in Canadian dollars, on bills with no courtesy discount and on matters with no recognition proceeding. Discounted bills, stated averages and the rare bill that states fees and hours but no rate are kept as separate series and never mixed in. Nothing is drawn from fewer than 12 observations.

What it is not. A court does not test a bill by hours × rate; it asks what value was delivered (Bank of Nova Scotia v. Diemer, 2014 ONCA 851). This page shows what comparable mandates charged, never what a bill should have been. The record holds sixteen Québec fee documents and no French rate tables; it is not a benchmark for Québec.

Every fact carries its document. Each bill and each rate links to the filing that states it; each benchmark cell can be traced to the rates it was computed from through the rates view.

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.