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 moreOfficers of the court
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.
| Firm | Case | Period ▼ | Fees | Rates | Source |
|---|---|---|---|---|---|
| PricewaterhouseCoopers Inc.Monitorperiod 23 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 Dec 2021 | ••• | •••4 people | Ninth Report of the Monitor13 Jul 2022 |
| Ernst & Young Inc.Monitorperiod 11 of 18 on this matter | Laurentian University of SudburyOntario · CCAA · closed | 1 Feb – 31 Dec 2021Soughtcumulative | ••• | •••12 people | Motion Record of the Monitor29 Apr 2022 |
| KSV Restructuring Inc.Monitorperiod 20 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Dec – 31 Dec 2021 | ••• | •••2 people | Fifty-First Report of the Monitor22 Mar 2022 |
| MSI Spergel Inc.Monitorperiod 1 of 3 on this matter | Peace Bridge Duty Free Inc.Ontario · Receivership (court-appointed) | 1 Dec – 31 Dec 2021 | ••• | •••4 people | Motion Record of the Monitor21 Mar 2022 |
| Deloitte Restructuring Inc.Monitorperiod 2 of 4 on this matter | North American Fur Auctions Inc.Ontario · CCAA | 1 Mar – 30 Dec 2021cumulative | — | •••4 people | Eighth Report of the Monitor, dated January…28 Jan 2022 |
| Alvarez & Marsal Canada Inc.Monitor | McEwan Enterprises Inc.Ontario · CCAA · closed | 24 Sep – 11 Dec 2021 | — | ••• | Monitor's Fourth Report17 Dec 2021 |
| PricewaterhouseCoopers Inc.Monitorperiod 22 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 30 Nov 2021 | ••• | •••4 people | Ninth Report of the Monitor13 Jul 2022 |
| PricewaterhouseCoopers Inc.Monitorperiod 21 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 Oct 2021 | ••• | •••4 people | Ninth Report of the Monitor13 Jul 2022 |
| Ernst & Young Inc.Monitorperiod 7 of 11 on this matter | Nortel Networks CorporationOntario · CCAA | 1 Sep 2020 – 31 Oct 2021Soughtcumulative | ••• | •••13 people | Motion Record Passing of Accounts3 Dec 2021 |
| KSV Restructuring Inc.Monitorperiod 19 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Aug – 31 Oct 2021cumulative | ••• | •••3 people | Fiftieth Report of the Monitor22 Nov 2021 |
| KSV Restructuring Inc.Monitorperiod 19 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Oct – 31 Oct 2021 | ••• | •••2 people | Fiftieth Report of the Monitor22 Nov 2021 |
| KSV Restructuring Inc.Monitorperiod 16 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 Oct – 31 Oct 2021 | — | — | Sixth Report of the Monitor10 Nov 2021 |
| KSV Restructuring Inc.Monitorperiod 16 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 Sep – 31 Oct 2021cumulative | ••• | •••4 people | Sixth Report of the Monitor10 Nov 2021 |
| Ernst & Young Inc.Monitorperiod 6 of 11 on this matter | Nortel Networks CorporationOntario · CCAA | 29 Aug 2020 – 29 Oct 2021Soughtcumulative | ••• | •••13 people | Supplemental Motion Record of the Monitor7 Dec 2021 |
| PricewaterhouseCoopers Inc.Monitorperiod 20 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 30 Sep 2021 | ••• | •••5 people | Ninth Report of the Monitor13 Jul 2022 |
| FTI Consulting Canada Inc.Monitorperiod 8 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | 9 Aug – 30 Sep 2021 | ••• | ••• | Seventh Report of the Monitor27 Jan 2022 |
| FTI Consulting Canada Inc.Monitor | JMB Crushing Systems Inc.Alberta · CCAA · closed | 27 Mar 2020 – 30 Sep 2021 | ••• | —7 people | Nineteenth Report of the Monitor25 Nov 2021 |
| KSV Restructuring Inc.Monitorperiod 17 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Sep – 30 Sep 2021 | ••• | •••3 people | Fiftieth Report of the Monitor22 Nov 2021 |
| KSV Restructuring Inc.Monitorperiod 14 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 Sep – 30 Sep 2021 | ••• | •••3 people | Sixth Report of the Monitor10 Nov 2021 |
| Ernst & Young Inc.Monitorperiod 16 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | to 24 Sep 2021cumulative | ••• | — | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| Ernst & Young Inc.Monitorperiod 16 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 21 Aug – 24 Sep 2021 | ••• | •••5 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| PricewaterhouseCoopers Inc.Monitorperiod 19 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 Aug 2021 | ••• | •••5 people | Ninth Report of the Monitor13 Jul 2022 |
| KSV Restructuring Inc.Monitorperiod 16 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Aug – 31 Aug 2021 | ••• | •••3 people | Fiftieth Report of the Monitor22 Nov 2021 |
| Ernst & Young Inc.Monitorperiod 14 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 3 Jul – 20 Aug 2021 | ••• | •••6 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| FTI Consulting Canada Inc.Monitorperiod 7 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | to 15 Aug 2021 | ••• | •••5 people | Seventh Report of the Monitor27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 6 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | 1 Jun – 8 Aug 2021 | — | ••• | Sixth Report of the Monitor27 Jan 2022 |
| PricewaterhouseCoopers Inc.Monitorperiod 18 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 Jul 2021 | ••• | •••6 people | Ninth Report of the Monitor13 Jul 2022 |
| KSV Restructuring Inc.Monitorperiod 2 of 2 on this matter | RGN-National Business Centers, LLCOntario · CCAA · closed | 1 Aug 2020 – 31 Jul 2021cumulative | ••• | ••• | Fourth report of the CCAA Monitor26 Aug 2021 |
| Ernst & Young Inc.Monitorperiod 13 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 29 May – 2 Jul 2021 | ••• | •••5 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| PricewaterhouseCoopers Inc.Monitorperiod 17 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 30 Jun 2021 | ••• | •••7 people | Ninth Report of the Monitor13 Jul 2022 |
| KSV Restructuring Inc.Monitorperiod 15 of 37 on this matter | Urbancorp GroupOntario · CCAA | to 30 Jun 2021 | ••• | •••2 people | Forty-Eighth Report of the Monitor23 Aug 2021 |
| PricewaterhouseCoopers Inc.Monitorperiod 16 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 May 2021 | ••• | •••5 people | Ninth Report of the Monitor13 Jul 2022 |
| FTI Consulting Canada Inc.Monitorperiod 5 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | 19 Apr – 31 May 2021 | ••• | ••• | Fifth Report of the Monitor27 Jan 2022 |
| KSV Restructuring Inc.Monitorperiod 13 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 May – 31 May 2021 | ••• | •••4 people | Fourth Report of the Monitor18 Jun 2021 |
| KSV Restructuring Inc.Monitorperiod 13 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 Nov 2020 – 31 May 2021Soughtcumulative | — | •••4 people | Fourth Report of the Monitor18 Jun 2021 |
| Ernst & Young Inc.Monitorperiod 12 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 24 Apr – 28 May 2021 | ••• | •••4 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| Ernst & Young Inc.Monitorperiod 10 of 18 on this matter | Laurentian University of SudburyOntario · CCAA · closed | 24 Apr – 30 Apr 2021 | ••• | •••5 people | Twelfth Report of the Monitor (Part 2 of 3)29 Apr 2022 |
| KSV Restructuring Inc.Monitorperiod 14 of 37 on this matter | Urbancorp GroupOntario · CCAA | to 30 Apr 2021 | ••• | •••2 people | Forty-Eighth Report of the Monitor23 Aug 2021 |
| KSV Restructuring Inc.Monitorperiod 11 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 Apr – 30 Apr 2021 | ••• | •••4 people | Fourth Report of the Monitor18 Jun 2021 |
| Ernst & Young Inc.Monitorperiod 9 of 18 on this matter | Laurentian University of SudburyOntario · CCAA · closed | 17 Apr – 23 Apr 2021 | ••• | •••5 people | Twelfth Report of the Monitor (Part 2 of 3)29 Apr 2022 |
| Ernst & Young Inc.Monitorperiod 11 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 3 Apr – 23 Apr 2021 | ••• | •••5 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| FTI Consulting Canada Inc.Monitorperiod 4 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | 15 Mar – 18 Apr 2021 | ••• | •••9 people | Fourth Report of the Monitor27 Jan 2022 |
| Ernst & Young Inc.Monitorperiod 8 of 18 on this matter | Laurentian University of SudburyOntario · CCAA · closed | 10 Apr – 16 Apr 2021 | ••• | •••6 people | Twelfth Report of the Monitor (Part 2 of 3)29 Apr 2022 |
| Ernst & Young Inc.Monitorperiod 7 of 18 on this matter | Laurentian University of SudburyOntario · CCAA · closed | 3 Apr – 9 Apr 2021 | ••• | •••6 people | Twelfth Report of the Monitor (Part 2 of 3)29 Apr 2022 |
| Ernst & Young Inc.Monitorperiod 10 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 13 Mar – 2 Apr 2021 | ••• | •••6 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| PricewaterhouseCoopers Inc.Monitorperiod 15 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 Mar 2021 | ••• | •••6 people | Ninth Report of the Monitor13 Jul 2022 |
| KSV Restructuring Inc.Monitorperiod 10 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 Mar – 31 Mar 2021 | ••• | •••4 people | Fourth Report of the Monitor18 Jun 2021 |
| Ernst & Young Inc.Monitorperiod 6 of 18 on this matter | Laurentian University of SudburyOntario · CCAA · closed | 20 Mar – 26 Mar 2021 | ••• | ••• | Twelfth Report of the Monitor (Part 2 of 3)29 Apr 2022 |
| FTI Consulting Canada Inc.Monitorperiod 3 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | to 21 Mar 2021 | ••• | •••8 people | Fourth Report of the Monitor27 Jan 2022 |
| Ernst & Young Inc.Monitorperiod 5 of 18 on this matter | Laurentian University of SudburyOntario · CCAA · closed | 13 Mar – 19 Mar 2021 | ••• | •••7 people | Twelfth Report of the Monitor (Part 2 of 3)29 Apr 2022 |
What a bill looks likeBenchmarks
Measured across the recordThe 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- KSV Restructuring Inc.354
- Deloitte Restructuring Inc.191
- MNP Ltd.182
- FTI Consulting Canada Inc.181
- Ernst & Young Inc.136
- Cassels Brock & Blackwell LLP129
- BDO Canada Limited122
- Aird & Berlis LLP103
- Alvarez & Marsal Canada Inc.91
- PricewaterhouseCoopers Inc.74
- Grant Thornton Limited67
- Dentons Canada LLP62
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.