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 |
|---|---|---|---|---|---|
| Ernst & Young Inc.Monitorperiod 4 of 6 on this matter | Donnelly Holdings Ltd, et al.British Columbia · CCAA · closed | 1 Jul – 31 Dec 2023 | ••• | •••6 people | Affidavit #1 of M. Bell31 Oct 2025 |
| KSV Restructuring Inc.Monitorperiod 1 of 5 on this matter | Wallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.Alberta · CCAA | 1 Nov – 31 Dec 2023 | — | ••• | Eighth Report of the Monitor29 Jan 2024 |
| FTI Consulting Canada Inc.Monitorperiod 2 of 2 on this matter | NextPoint Financial Inc.British Columbia · CCAA · closed | 9 Jul – 29 Dec 2023 | ••• | — | Seventh Report of the Monitor17 Jan 2024 |
| FTI Consulting Canada Inc.Monitorperiod 2 of 2 on this matter | NextPoint Financial Inc.British Columbia · CCAA · closed | 9 Jul – 29 Dec 2023cumulative | ••• | •••8 people | Seventh Report of the Monitor17 Jan 2024 |
| Alvarez & Marsal Canada Inc.Monitor | Mountain Equipment Co-operativeBritish Columbia · CCAA · closed | 14 Sep 2020 – 30 Nov 2023cumulative | ••• | •••10 people | First Affidavit of T. Martin Sworn on…21 Nov 2023 |
| KSV Restructuring Inc.Monitorperiod 3 of 3 on this matter | Magna Gold Corp.Ontario · CCAA · closed | 1 Apr – 31 Oct 2023 | ••• | •••3 people | Motion Record of the Monitor21 Nov 2023 |
| FTI Consulting Canada Inc.Monitorperiod 3 of 4 on this matter | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.Nova Scotia · CCAA · closed | 28 Aug – 17 Sep 2023Sought | ••• | •••8 people | Fifth Report of the Monitor22 Sep 2023 |
| KSV Restructuring Inc.Monitorperiod 2 of 2 on this matter | Trichome Financial Corp.Ontario · CCAA · closed | 1 Feb – 31 Aug 2023cumulative | — | ••• | Sixth Report of the Monitor11 Sep 2023 |
| FTI Consulting Canada Inc.Monitorperiod 2 of 4 on this matter | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.Nova Scotia · CCAA · closed | 7 Aug – 27 Aug 2023Sought | ••• | •••8 people | Fourth Report of the Monitor1 Sep 2023 |
| FTI Consulting Canada Inc.Monitorperiod 1 of 4 on this matter | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.Nova Scotia · CCAA · closed | 10 Jul – 6 Aug 2023Sought | ••• | •••6 people | Third Report of the Monitor15 Aug 2023 |
| Ernst & Young Inc.Monitorperiod 3 of 6 on this matter | Donnelly Holdings Ltd, et al.British Columbia · CCAA · closed | 23 May – 30 Jun 2023 | ••• | •••5 people | Affidavit #1 of M. Bell31 Oct 2025 |
| KSV Restructuring Inc.Monitorperiod 10 of 10 on this matter | Pure Gold Mining Inc.British Columbia · CCAA · closed | 1 May – 31 May 2023 | ••• | •••3 people | Seventh Report of the Monitor13 Jul 2023 |
| KSV Restructuring Inc.Monitorperiod 2 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | to 31 May 2023 | — | — | Fourth Report of the Monitor27 Jun 2023 |
| Ernst & Young Inc.Monitorperiod 2 of 6 on this matter | Donnelly Holdings Ltd, et al.British Columbia · CCAA · closed | to 22 May 2023 | ••• | •••2 people | Affidavit #1 of M. Bell31 Oct 2025 |
| FTI Consulting Canada Inc.Monitorperiod 3 of 4 on this matter | CanWest Aerospace Inc.British Columbia · CCAA | to 30 Apr 2023 | ••• | •••3 people | Eighth Report of the Monitor13 Dec 2024 |
| KSV Restructuring Inc.Monitorperiod 9 of 10 on this matter | Pure Gold Mining Inc.British Columbia · CCAA · closed | 1 Apr – 30 Apr 2023 | ••• | •••3 people | Seventh Report of the Monitor13 Jul 2023 |
| Alvarez & Marsal Canada Inc.Monitorperiod 2 of 2 on this matter | SugarBud Craft Growers Corp., Trichome Holdings Corp. and 1800905 Alberta Ltd.Alberta · CCAA · closed | 15 Aug 2022 – 30 Apr 2023cumulative | ••• | — | Fifth Report of the Monitor8 May 2023 |
| Alvarez & Marsal Canada Inc.Monitor | Bed Bath & Beyond CanadaOntario · CCAA · closed | 9 Feb – 22 Apr 2023 | — | ••• | Third Report of the Monitor24 Apr 2023 |
| Ernst & Young Inc.Monitorperiod 7 of 7 on this matter | Fresh Local Solutions Inc. et al.British Columbia · CCAA · closed | 1 Jan – 21 Apr 2023 | ••• | •••3 people | M. Bell Affidavit #316 May 2023 |
| FTI Consulting Canada Inc.Monitorperiod 2 of 4 on this matter | CanWest Aerospace Inc.British Columbia · CCAA | to 31 Mar 2023 | ••• | •••5 people | Eighth Report of the Monitor13 Dec 2024 |
| KSV Restructuring Inc.Monitorperiod 2 of 5 on this matter | BioSteelOntario · CCAA · closed | to 31 Mar 2023 | ••• | •••3 people | Sixth Report of the Monitor24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 2 of 3 on this matter | Magna Gold Corp.Ontario · CCAA · closed | 20 Mar – 31 Mar 2023 | ••• | •••3 people | Motion Record of the Monitor21 Nov 2023 |
| KSV Restructuring Inc.Monitorperiod 8 of 10 on this matter | Pure Gold Mining Inc.British Columbia · CCAA · closed | 1 Mar – 31 Mar 2023 | ••• | •••3 people | Seventh Report of the Monitor13 Jul 2023 |
| KSV Restructuring Inc.Monitorperiod 1 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | to 31 Mar 2023 | — | — | Fourth Report of the Monitor27 Jun 2023 |
| Alvarez & Marsal Canada Inc.Monitorperiod 1 of 2 on this matter | SugarBud Craft Growers Corp., Trichome Holdings Corp. and 1800905 Alberta Ltd.Alberta · CCAA · closed | 15 Aug 2022 – 31 Mar 2023cumulative | ••• | — | Fourth Report of the Monitor26 Apr 2023 |
| Alvarez & Marsal Canada Inc.Monitorperiod 2 of 3 on this matter | Manitoba Clinic Medical Corporation and The Manitoba Clinic Holding Co. Ltd.Manitoba · CCAA · closed | 1 Jan – 31 Mar 2023 | ••• | — | Second Report of the Monitor18 Apr 2023 |
| KSV Restructuring Inc.Monitorperiod 7 of 10 on this matter | Pure Gold Mining Inc.British Columbia · CCAA · closed | 1 Feb – 28 Feb 2023 | ••• | •••3 people | Seventh Report of the Monitor13 Jul 2023 |
| KSV Restructuring Inc.Monitorperiod 35 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Feb – 28 Feb 2023 | ••• | •••2 people | Fifty-Sixth Report of the Monitor16 Mar 2023 |
| KSV Restructuring Inc.Monitorperiod 4 of 5 on this matter | Urbancorp Management Inc.Ontario · Bankruptcy | 1 Nov 2022 – 28 Feb 2023cumulative | ••• | •••2 people | Second Report as Trustee16 Mar 2023 |
| KSV Restructuring Inc.Monitorperiod 35 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Nov 2022 – 28 Feb 2023cumulative | ••• | •••2 people | Fifty-Sixth Report of the Monitor16 Mar 2023 |
| KSV Restructuring Inc.Monitorperiod 4 of 5 on this matter | Urbancorp Management Inc.Ontario · Bankruptcy | 1 Feb – 28 Feb 2023 | ••• | •••2 people | Second Report as Trustee16 Mar 2023 |
| Grant Thornton LimitedMonitorperiod 3 of 3 on this matter | Intelivote Systems Inc.Nova Scotia · CCAA | to 27 Feb 2023cumulative | ••• | •••6 people | Intelivote - Monitor's 3rd and Final…12 Apr 2023 |
| KSV Restructuring Inc.Monitorperiod 6 of 10 on this matter | Pure Gold Mining Inc.British Columbia · CCAA · closed | 1 Jan – 31 Jan 2023 | ••• | •••3 people | Seventh Report of the Monitor13 Jul 2023 |
| KSV Restructuring Inc.Monitorperiod 2 of 5 on this matter | Urbancorp Management Inc.Ontario · Bankruptcy | 1 Jan – 31 Jan 2023 | ••• | •••2 people | Second Report as Trustee16 Mar 2023 |
| KSV Restructuring Inc.Monitorperiod 33 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Jan – 31 Jan 2023 | ••• | •••2 people | Fifty-Sixth Report of the Monitor16 Mar 2023 |
| The Fuller Landau Group Inc.Monitorperiod 6 of 6 on this matter | Edge on Triangle Park Inc. et al.Ontario · CCAA | to 31 Jan 2023 | ••• | •••2 people | Forty-Fourth Report of the Monitor27 Feb 2023 |
| PricewaterhouseCoopers Inc.Monitor | Superette Inc., 1390748 B.C. Ltd., 2659198 Ontario Inc., 2662133 Ontario Inc., 2662134 Ontario Inc. and 2662135Ontario · CCAA · closed | 21 Aug 2022 – 16 Jan 2023 | — | ••• | Fourth Report of the Monitor25 Jan 2023 |
| B. Riley Farber Inc.Monitor | Lighthouse ImmersiveOntario · CCAA · closed | — | — | ••• | Fourth Report of the Monitor6 Dec 2023 |
| FTI Consulting Canada Inc.Monitorperiod 1 of 4 on this matter | IMV 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 matter | Chalice Brands Ltd.Ontario · CCAA · closed | — | — | ••• | Fourth Report of the Monitor26 Sep 2023 |
| PricewaterhouseCoopers Inc.Monitor | GreenSpace 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.Monitor | Plant-Based Investment Corp.Ontario · CCAA · closed | — | — | ••• | Third Report of Monitor8 Aug 2023 |
| KSV Restructuring Inc.Monitorperiod 1 of 10 on this matter | Pure Gold Mining Inc.British Columbia · CCAA · closed | —Soughtcumulative | ••• | — | Seventh Report of the Monitor13 Jul 2023 |
| PricewaterhouseCoopers Inc.Monitor | Broadacre Agriculture IncAlberta · Receivership (court-appointed) · closed | —cumulative | ••• | — | Receiver's First Report to Court filed…21 Mar 2023 |
| KSV Restructuring Inc.Monitorperiod 1 of 2 on this matter | Trichome Financial Corp.Ontario · CCAA · closed | — | — | ••• | Fourth Report of the Monitor6 Mar 2023 |
| Deloitte Restructuring Inc.Monitorperiod 1 of 4 on this matter | North American Fur Auctions Inc.Ontario · CCAA | —Soughtcumulative | ••• | ••• | Eleventh Report of the Monitor, dated…18 Jan 2023 |
| KSV Restructuring Inc.Monitorfirm not named in the heading | Trichome Financial Corp.Ontario · CCAA · closed | — | — | ••• | Second Report of the Monitor4 Jan 2023 |
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.