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 |
|---|---|---|---|---|---|
| KSV Restructuring Inc.Monitorperiod 9 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Dec – 31 Dec 2024 | ••• | •••5 people | Tenth Report of the Monitor28 May 2025 |
| KSV Restructuring Inc.Monitorperiod 10 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Dec – 31 Dec 2024 | ••• | •••2 people | Eighth Report of the Monitor21 Apr 2025 |
| FTI Consulting Canada Inc.Monitor | Canadian Dehua InternationalBritish Columbia · CCAA | to 31 Dec 2024Soughtcumulative | ••• | — | Twenty Third Report of the Monitor20 Jan 2025 |
| Deloitte Restructuring Inc.Monitorperiod 2 of 6 on this matter | Sperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.British Columbia · CCAA · closed | 19 Nov – 13 Dec 2024 | ••• | •••6 people | Second Report of the Monitor, June 26, 202526 Jun 2025 |
| KSV Restructuring Inc.Monitorperiod 8 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Nov – 30 Nov 2024 | ••• | •••4 people | Tenth Report of the Monitor28 May 2025 |
| KSV Restructuring Inc.Monitorperiod 9 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Nov – 30 Nov 2024 | ••• | •••2 people | Eighth Report of the Monitor21 Apr 2025 |
| Alvarez & Marsal Canada Inc.Monitor | Tokyo SmokeOntario · CCAA | 28 Aug – 16 Nov 2024 | ••• | •••5 people | Third Report of the Monitor26 Nov 2024 |
| KSV Restructuring Inc.Monitorperiod 7 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Oct – 31 Oct 2024 | ••• | •••4 people | Tenth Report of the Monitor28 May 2025 |
| KSV Restructuring Inc.Monitorperiod 8 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Oct – 31 Oct 2024 | ••• | •••2 people | Eighth Report of the Monitor21 Apr 2025 |
| KSV Restructuring Inc.Monitorperiod 5 of 5 on this matter | Wallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.Alberta · CCAA | 1 Aug – 31 Oct 2024 | ••• | — | Thirteenth Report of the Monitor18 Nov 2024 |
| KSV Restructuring Inc.Monitorperiod 1 of 3 on this matter | Balboa Inc., DSPLN Inc., Happy Gilmore Inc., Interlude Inc., Multiville Inc., The Pink Flamingo Inc., Hometown Housing Inc., the Mulligan Inc., Horses In The Back Inc., Neat Nests Inc. and Joint Captain Real Estate Inc.Ontario · CCAA | to 31 Oct 2024 | — | ••• | Motion Record of the Monitor23 Aug 2024 |
| Deloitte Restructuring Inc.Monitorperiod 3 of 3 on this matter | Express Gold Refining LtdOntario · CCAA · closed | 13 May – 27 Oct 2024cumulative | ••• | — | Twenty First Report of the Monitor .pdf5 Dec 2024 |
| FTI Consulting Canada Inc.Monitorfirm not named in the headingperiod 2 of 3 on this matter | Inca One Gold Corp.British Columbia · CCAA · closed | 3 Jun – 6 Oct 2024 | ••• | •••7 people | Second Report of the Receiver16 Sep 2025 |
| KSV Restructuring Inc.Monitorperiod 6 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Sep – 30 Sep 2024 | ••• | •••4 people | Tenth Report of the Monitor28 May 2025 |
| KSV Restructuring Inc.Monitorperiod 7 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Sep – 30 Sep 2024 | ••• | •••2 people | Sixth Report of the Monitor23 Oct 2024 |
| KSV Restructuring Inc.Monitorperiod 7 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Jul – 30 Sep 2024cumulative | ••• | •••3 people | Sixth Report of the Monitor23 Oct 2024 |
| PricewaterhouseCoopers Inc.Monitor | Harbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNewfoundland and Labrador · CCAA · closed | 20 Apr – 15 Sep 2024 | ••• | — | Sixth Report of the Monitor26 Sep 2024 |
| KPMG Inc.Monitor | Heritage GroupOntario · CCAA · closed | 21 Feb – 13 Sep 2024 | ••• | ••• | Motion Record of the Monitor - Stay…27 Sep 2024 |
| PricewaterhouseCoopers Inc.Monitorperiod 2 of 2 on this matter | 2039882 Ontario Limited o/a Shelter CoveOntario · Receivership (court-appointed) · closed | 2 Jan – 3 Sep 2024Sought | — | ••• | Motion Record - Monitor -…24 Sep 2024 |
| KSV Restructuring Inc.Monitorperiod 5 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Aug – 31 Aug 2024 | ••• | •••3 people | Tenth Report of the Monitor28 May 2025 |
| Ernst & Young Inc.Monitorperiod 10 of 11 on this matter | Nortel Networks CorporationOntario · CCAA | 29 Oct 2022 – 31 Aug 2024Soughtcumulative | ••• | •••12 people | Motion Record of the Applicants11 Nov 2024 |
| KSV Restructuring Inc.Monitorperiod 5 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Aug – 31 Aug 2024 | ••• | •••2 people | Sixth Report of the Monitor23 Oct 2024 |
| KSV Restructuring Inc.Monitor | Contract Pharmaceuticals LimitedOntario · CCAA · closed | to 31 Aug 2024 | — | ••• | Sixth Report of the Monitor11 Sep 2024 |
| Ernst & Young Inc.Monitorperiod 9 of 11 on this matter | Nortel Networks CorporationOntario · CCAA | 29 Oct 2022 – 3 Aug 2024cumulative | ••• | •••12 people | The purpose of this One Hundred Sixty…11 Nov 2024 |
| Ernst & Young Inc.Monitorperiod 2 of 2 on this matter | VBI GroupOntario · CCAA · closed | 20 Jul – 2 Aug 2024 | ••• | — | Motion for the CCAA Termination Order29 Jan 2025 |
| KSV Restructuring Inc.Monitorperiod 4 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Jul – 31 Jul 2024 | ••• | •••4 people | Tenth Report of the Monitor28 May 2025 |
| KSV Restructuring Inc.Monitorperiod 4 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Jul – 31 Jul 2024 | ••• | •••3 people | Sixth Report of the Monitor23 Oct 2024 |
| KPMG Inc.Monitorperiod 1 of 2 on this matter | Crown Crest Group of CompaniesOntario · CCAA | 25 Oct 2023 – 31 Jul 2024 | — | ••• | Fourth Report of the Monitor19 Sep 2024 |
| KSV Restructuring Inc.Monitorperiod 4 of 5 on this matter | Wallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.Alberta · CCAA | 1 Apr – 31 Jul 2024 | ••• | — | Third Report of the Receiver13 Aug 2024 |
| KSV Restructuring Inc.Monitorperiod 5 of 5 on this matter | BioSteelOntario · CCAA · closed | to 15 Jul 2024 | ••• | •••3 people | Sixth Report of the Monitor24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 5 of 5 on this matter | BioSteelOntario · CCAA · closed | 1 Mar – 15 Jul 2024cumulative | ••• | •••3 people | Sixth Report of the Monitor24 Jul 2024 |
| Ernst & Young Inc.Monitorperiod 5 of 6 on this matter | Donnelly Holdings Ltd, et al.British Columbia · CCAA · closed | 1 Jan – 30 Jun 2024 | ••• | •••5 people | Affidavit #1 of M. Bell31 Oct 2025 |
| KSV Restructuring Inc.Monitorperiod 3 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Jun – 30 Jun 2024 | ••• | •••4 people | Tenth Report of the Monitor28 May 2025 |
| FTI Consulting Canada Inc.Monitorperiod 4 of 4 on this matter | CanWest Aerospace Inc.British Columbia · CCAA | 1 Mar 2023 – 30 Jun 2024cumulative | ••• | — | Eighth Report of the Monitor13 Dec 2024 |
| KSV Restructuring Inc.Monitorperiod 3 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 May – 30 Jun 2024 | — | ••• | Fifth Report of the Monitor22 Jul 2024 |
| Deloitte Restructuring Inc.Monitorperiod 2 of 3 on this matter | Express Gold Refining LtdOntario · CCAA · closed | to 9 Jun 2024 | ••• | •••6 people | Twenty First Report of the Monitor .pdf5 Dec 2024 |
| KSV Restructuring Inc.Monitorperiod 3 of 3 on this matter | Nexii Building Solutions Inc.British Columbia · CCAA · closed | to 31 May 2024 | — | — | Third Report of the Monitor24 Jun 2024 |
| Deloitte Restructuring Inc.Monitorperiod 1 of 3 on this matter | Express Gold Refining LtdOntario · CCAA · closed | to 26 May 2024 | ••• | •••5 people | Twenty First Report of the Monitor .pdf5 Dec 2024 |
| KSV Restructuring Inc.Monitorperiod 2 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | to 30 Apr 2024Sought | — | ••• | Seventh Report of the Monitor23 Jan 2025 |
| KSV Restructuring Inc.Monitorperiod 3 of 5 on this matter | BioSteelOntario · CCAA · closed | to 30 Apr 2024 | ••• | •••3 people | Sixth Report of the Monitor24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 2 of 3 on this matter | Nexii Building Solutions Inc.British Columbia · CCAA · closed | to 30 Apr 2024 | — | — | Third Report of the Monitor24 Jun 2024 |
| KSV Restructuring Inc.Monitorfirm not named in the headingperiod 3 of 3 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 15 Feb – 30 Apr 2024cumulative | — | •••2 people | Third Report of the Monitor24 May 2024 |
| KSV Restructuring Inc.Monitorperiod 2 of 14 on this matter | Skylink Express Inc.Ontario · CCAA · closed | 1 Apr – 30 Apr 2024 | ••• | •••2 people | Third Report of the Monitor24 May 2024 |
| PricewaterhouseCoopers Inc., LITMonitorperiod 2 of 2 on this matter | Harbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNewfoundland and Labrador · CCAA · closed | 2 Nov 2023 – 19 Apr 2024cumulative | ••• | •••10 people | Supplement to the Fifth Report of the…26 Apr 2024 |
| PricewaterhouseCoopers Inc., LITMonitorperiod 2 of 2 on this matter | Harbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNewfoundland and Labrador · CCAA · closed | to 19 Apr 2024 | ••• | •••6 people | Supplement to the Fifth Report of the…26 Apr 2024 |
| Alvarez & Marsal Canada Inc.Monitor | Candesto Enterprises Corp., D3 Infrastructure Services Inc., and Safe Roads Alberta Ltd.Alberta · CCAA · closed | 18 Dec 2023 – 30 Mar 2024Soughtcumulative | ••• | — | Third Report of the Montior |
| KSV Restructuring Inc.Monitor | Black Press Ltd.British Columbia · CCAA · closed | 1 Dec 2023 – 25 Mar 2024Soughtcumulative | ••• | •••5 people | Third Report of the Monitor5 Apr 2024 |
| PricewaterhouseCoopers Inc.Monitor | 1000843823 Ontario IncOntario · CCAA | 9 Jan – 22 Mar 2024cumulative | ••• | •••16 people | Second Report of the Monitor29 Mar 2024 |
| KSV Restructuring Inc.Monitor | Aleafia Health Inc.Ontario · CCAA · closed | 4 Jul 2023 – 31 Jan 2024cumulative | — | ••• | Sixth Report of the Monitor22 Feb 2024 |
| Alvarez & Marsal Canada Inc.Monitorperiod 3 of 3 on this matter | Manitoba Clinic Medical Corporation and The Manitoba Clinic Holding Co. Ltd.Manitoba · CCAA · closed | 16 Nov 2023 – 31 Jan 2024Sought | ••• | — | Seventh Report of the Monitor6 Feb 2024 |
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.