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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147 of 47 bills
FirmCasePeriod FeesRatesSource
Ernst & Young Inc.Monitorperiod 4 of 6 on this matterDonnelly Holdings Ltd, et al.British Columbia · CCAA · closed1 Jul – 31 Dec 2023••••••6 peopleAffidavit #1 of M. Bell31 Oct 2025
KSV Restructuring Inc.Monitorperiod 1 of 5 on this matterWallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.Alberta · CCAA1 Nov – 31 Dec 2023•••Eighth Report of the Monitor29 Jan 2024
FTI Consulting Canada Inc.Monitorperiod 2 of 2 on this matterNextPoint Financial Inc.British Columbia · CCAA · closed9 Jul – 29 Dec 2023•••Seventh Report of the Monitor17 Jan 2024
FTI Consulting Canada Inc.Monitorperiod 2 of 2 on this matterNextPoint Financial Inc.British Columbia · CCAA · closed9 Jul – 29 Dec 2023cumulative••••••8 peopleSeventh Report of the Monitor17 Jan 2024
Alvarez & Marsal Canada Inc.MonitorMountain Equipment Co-operativeBritish Columbia · CCAA · closed14 Sep 2020 – 30 Nov 2023cumulative••••••10 peopleFirst Affidavit of T. Martin Sworn on…21 Nov 2023
KSV Restructuring Inc.Monitorperiod 3 of 3 on this matterMagna Gold Corp.Ontario · CCAA · closed1 Apr – 31 Oct 2023••••••3 peopleMotion Record of the Monitor21 Nov 2023
FTI Consulting Canada Inc.Monitorperiod 3 of 4 on this matterIMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.Nova Scotia · CCAA · closed28 Aug – 17 Sep 2023Sought••••••8 peopleFifth Report of the Monitor22 Sep 2023
KSV Restructuring Inc.Monitorperiod 2 of 2 on this matterTrichome Financial Corp.Ontario · CCAA · closed1 Feb – 31 Aug 2023cumulative•••Sixth Report of the Monitor11 Sep 2023
FTI Consulting Canada Inc.Monitorperiod 2 of 4 on this matterIMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.Nova Scotia · CCAA · closed7 Aug – 27 Aug 2023Sought••••••8 peopleFourth Report of the Monitor1 Sep 2023
FTI Consulting Canada Inc.Monitorperiod 1 of 4 on this matterIMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.Nova Scotia · CCAA · closed10 Jul – 6 Aug 2023Sought••••••6 peopleThird Report of the Monitor15 Aug 2023
Ernst & Young Inc.Monitorperiod 3 of 6 on this matterDonnelly Holdings Ltd, et al.British Columbia · CCAA · closed23 May – 30 Jun 2023••••••5 peopleAffidavit #1 of M. Bell31 Oct 2025
KSV Restructuring Inc.Monitorperiod 10 of 10 on this matterPure Gold Mining Inc.British Columbia · CCAA · closed1 May – 31 May 2023••••••3 peopleSeventh Report of the Monitor13 Jul 2023
KSV Restructuring Inc.Monitorperiod 2 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAAto 31 May 2023Fourth Report of the Monitor27 Jun 2023
Ernst & Young Inc.Monitorperiod 2 of 6 on this matterDonnelly Holdings Ltd, et al.British Columbia · CCAA · closedto 22 May 2023••••••2 peopleAffidavit #1 of M. Bell31 Oct 2025
FTI Consulting Canada Inc.Monitorperiod 3 of 4 on this matterCanWest Aerospace Inc.British Columbia · CCAAto 30 Apr 2023••••••3 peopleEighth Report of the Monitor13 Dec 2024
KSV Restructuring Inc.Monitorperiod 9 of 10 on this matterPure Gold Mining Inc.British Columbia · CCAA · closed1 Apr – 30 Apr 2023••••••3 peopleSeventh Report of the Monitor13 Jul 2023
Alvarez & Marsal Canada Inc.Monitorperiod 2 of 2 on this matterSugarBud Craft Growers Corp., Trichome Holdings Corp. and 1800905 Alberta Ltd.Alberta · CCAA · closed15 Aug 2022 – 30 Apr 2023cumulative•••Fifth Report of the Monitor8 May 2023
Alvarez & Marsal Canada Inc.MonitorBed Bath & Beyond CanadaOntario · CCAA · closed9 Feb – 22 Apr 2023•••Third Report of the Monitor24 Apr 2023
Ernst & Young Inc.Monitorperiod 7 of 7 on this matterFresh Local Solutions Inc. et al.British Columbia · CCAA · closed1 Jan – 21 Apr 2023••••••3 peopleM. Bell Affidavit #316 May 2023
FTI Consulting Canada Inc.Monitorperiod 2 of 4 on this matterCanWest Aerospace Inc.British Columbia · CCAAto 31 Mar 2023••••••5 peopleEighth Report of the Monitor13 Dec 2024
KSV Restructuring Inc.Monitorperiod 2 of 5 on this matterBioSteelOntario · CCAA · closedto 31 Mar 2023••••••3 peopleSixth Report of the Monitor24 Jul 2024
KSV Restructuring Inc.Monitorperiod 2 of 3 on this matterMagna Gold Corp.Ontario · CCAA · closed20 Mar – 31 Mar 2023••••••3 peopleMotion Record of the Monitor21 Nov 2023
KSV Restructuring Inc.Monitorperiod 8 of 10 on this matterPure Gold Mining Inc.British Columbia · CCAA · closed1 Mar – 31 Mar 2023••••••3 peopleSeventh Report of the Monitor13 Jul 2023
KSV Restructuring Inc.Monitorperiod 1 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAAto 31 Mar 2023Fourth Report of the Monitor27 Jun 2023
Alvarez & Marsal Canada Inc.Monitorperiod 1 of 2 on this matterSugarBud Craft Growers Corp., Trichome Holdings Corp. and 1800905 Alberta Ltd.Alberta · CCAA · closed15 Aug 2022 – 31 Mar 2023cumulative•••Fourth Report of the Monitor26 Apr 2023
Alvarez & Marsal Canada Inc.Monitorperiod 2 of 3 on this matterManitoba Clinic Medical Corporation and The Manitoba Clinic Holding Co. Ltd.Manitoba · CCAA · closed1 Jan – 31 Mar 2023•••Second Report of the Monitor18 Apr 2023
KSV Restructuring Inc.Monitorperiod 7 of 10 on this matterPure Gold Mining Inc.British Columbia · CCAA · closed1 Feb – 28 Feb 2023••••••3 peopleSeventh Report of the Monitor13 Jul 2023
KSV Restructuring Inc.Monitorperiod 35 of 37 on this matterUrbancorp GroupOntario · CCAA1 Feb – 28 Feb 2023••••••2 peopleFifty-Sixth Report of the Monitor16 Mar 2023
KSV Restructuring Inc.Monitorperiod 4 of 5 on this matterUrbancorp Management Inc.Ontario · Bankruptcy1 Nov 2022 – 28 Feb 2023cumulative••••••2 peopleSecond Report as Trustee16 Mar 2023
KSV Restructuring Inc.Monitorperiod 35 of 37 on this matterUrbancorp GroupOntario · CCAA1 Nov 2022 – 28 Feb 2023cumulative••••••2 peopleFifty-Sixth Report of the Monitor16 Mar 2023
KSV Restructuring Inc.Monitorperiod 4 of 5 on this matterUrbancorp Management Inc.Ontario · Bankruptcy1 Feb – 28 Feb 2023••••••2 peopleSecond Report as Trustee16 Mar 2023
Grant Thornton LimitedMonitorperiod 3 of 3 on this matterIntelivote Systems Inc.Nova Scotia · CCAAto 27 Feb 2023cumulative••••••6 peopleIntelivote - Monitor's 3rd and Final…12 Apr 2023
KSV Restructuring Inc.Monitorperiod 6 of 10 on this matterPure Gold Mining Inc.British Columbia · CCAA · closed1 Jan – 31 Jan 2023••••••3 peopleSeventh Report of the Monitor13 Jul 2023
KSV Restructuring Inc.Monitorperiod 2 of 5 on this matterUrbancorp Management Inc.Ontario · Bankruptcy1 Jan – 31 Jan 2023••••••2 peopleSecond Report as Trustee16 Mar 2023
KSV Restructuring Inc.Monitorperiod 33 of 37 on this matterUrbancorp GroupOntario · CCAA1 Jan – 31 Jan 2023••••••2 peopleFifty-Sixth Report of the Monitor16 Mar 2023
The Fuller Landau Group Inc.Monitorperiod 6 of 6 on this matterEdge on Triangle Park Inc. et al.Ontario · CCAAto 31 Jan 2023••••••2 peopleForty-Fourth Report of the Monitor27 Feb 2023
PricewaterhouseCoopers Inc.MonitorSuperette Inc., 1390748 B.C. Ltd., 2659198 Ontario Inc., 2662133 Ontario Inc., 2662134 Ontario Inc. and 2662135Ontario · CCAA · closed21 Aug 2022 – 16 Jan 2023•••Fourth Report of the Monitor25 Jan 2023
B. Riley Farber Inc.MonitorLighthouse ImmersiveOntario · CCAA · closed•••Fourth Report of the Monitor6 Dec 2023
FTI Consulting Canada Inc.Monitorperiod 1 of 4 on this matterIMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.Nova Scotia · CCAA · closed••••••Seventh Report of the Monitor23 Nov 2023
KSV Restructuring Inc.Monitorperiod 1 of 2 on this matterChalice Brands Ltd.Ontario · CCAA · closed•••Fourth Report of the Monitor26 Sep 2023
PricewaterhouseCoopers Inc.MonitorGreenSpace Brands Inc., 1052532 B.C. Ltd., Central Roast Inc. and Life Choices Natural Food CorpOntario · CCAA · closed•••Third Report of the Monitor20 Sep 2023
MSI Spergel Inc.MonitorPlant-Based Investment Corp.Ontario · CCAA · closed•••Third Report of Monitor8 Aug 2023
KSV Restructuring Inc.Monitorperiod 1 of 10 on this matterPure Gold Mining Inc.British Columbia · CCAA · closedSoughtcumulative•••Seventh Report of the Monitor13 Jul 2023
PricewaterhouseCoopers Inc.MonitorBroadacre Agriculture IncAlberta · Receivership (court-appointed) · closedcumulative•••Receiver's First Report to Court filed…21 Mar 2023
KSV Restructuring Inc.Monitorperiod 1 of 2 on this matterTrichome Financial Corp.Ontario · CCAA · closed•••Fourth Report of the Monitor6 Mar 2023
Deloitte Restructuring Inc.Monitorperiod 1 of 4 on this matterNorth American Fur Auctions Inc.Ontario · CCAASoughtcumulative••••••Eleventh Report of the Monitor, dated…18 Jan 2023
KSV Restructuring Inc.Monitorfirm not named in the headingTrichome Financial Corp.Ontario · CCAA · closed•••Second Report of the Monitor4 Jan 2023

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.