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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150 of 61 bills
FirmCasePeriod FeesRatesSource
KSV Restructuring Inc.Monitorperiod 9 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA1 Dec – 31 Dec 2024••••••5 peopleTenth Report of the Monitor28 May 2025
KSV Restructuring Inc.Monitorperiod 10 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Dec – 31 Dec 2024••••••2 peopleEighth Report of the Monitor21 Apr 2025
FTI Consulting Canada Inc.MonitorCanadian Dehua InternationalBritish Columbia · CCAAto 31 Dec 2024Soughtcumulative•••Twenty Third Report of the Monitor20 Jan 2025
Deloitte Restructuring Inc.Monitorperiod 2 of 6 on this matterSperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.British Columbia · CCAA · closed19 Nov – 13 Dec 2024••••••6 peopleSecond Report of the Monitor, June 26, 202526 Jun 2025
KSV Restructuring Inc.Monitorperiod 8 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA1 Nov – 30 Nov 2024••••••4 peopleTenth Report of the Monitor28 May 2025
KSV Restructuring Inc.Monitorperiod 9 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Nov – 30 Nov 2024••••••2 peopleEighth Report of the Monitor21 Apr 2025
Alvarez & Marsal Canada Inc.MonitorTokyo SmokeOntario · CCAA28 Aug – 16 Nov 2024••••••5 peopleThird Report of the Monitor26 Nov 2024
KSV Restructuring Inc.Monitorperiod 7 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA1 Oct – 31 Oct 2024••••••4 peopleTenth Report of the Monitor28 May 2025
KSV Restructuring Inc.Monitorperiod 8 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Oct – 31 Oct 2024••••••2 peopleEighth Report of the Monitor21 Apr 2025
KSV Restructuring Inc.Monitorperiod 5 of 5 on this matterWallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.Alberta · CCAA1 Aug – 31 Oct 2024•••Thirteenth Report of the Monitor18 Nov 2024
KSV Restructuring Inc.Monitorperiod 1 of 3 on this matterBalboa 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 · CCAAto 31 Oct 2024•••Motion Record of the Monitor23 Aug 2024
Deloitte Restructuring Inc.Monitorperiod 3 of 3 on this matterExpress Gold Refining LtdOntario · CCAA · closed13 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 matterInca One Gold Corp.British Columbia · CCAA · closed3 Jun – 6 Oct 2024••••••7 peopleSecond Report of the Receiver16 Sep 2025
KSV Restructuring Inc.Monitorperiod 6 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA1 Sep – 30 Sep 2024••••••4 peopleTenth Report of the Monitor28 May 2025
KSV Restructuring Inc.Monitorperiod 7 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Sep – 30 Sep 2024••••••2 peopleSixth Report of the Monitor23 Oct 2024
KSV Restructuring Inc.Monitorperiod 7 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Jul – 30 Sep 2024cumulative••••••3 peopleSixth Report of the Monitor23 Oct 2024
PricewaterhouseCoopers Inc.MonitorHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNewfoundland and Labrador · CCAA · closed20 Apr – 15 Sep 2024•••Sixth Report of the Monitor26 Sep 2024
KPMG Inc.MonitorHeritage GroupOntario · CCAA · closed21 Feb – 13 Sep 2024••••••Motion Record of the Monitor - Stay…27 Sep 2024
PricewaterhouseCoopers Inc.Monitorperiod 2 of 2 on this matter2039882 Ontario Limited o/a Shelter CoveOntario · Receivership (court-appointed) · closed2 Jan – 3 Sep 2024Sought•••Motion Record - Monitor -…24 Sep 2024
KSV Restructuring Inc.Monitorperiod 5 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA1 Aug – 31 Aug 2024••••••3 peopleTenth Report of the Monitor28 May 2025
Ernst & Young Inc.Monitorperiod 10 of 11 on this matterNortel Networks CorporationOntario · CCAA29 Oct 2022 – 31 Aug 2024Soughtcumulative••••••12 peopleMotion Record of the Applicants11 Nov 2024
KSV Restructuring Inc.Monitorperiod 5 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Aug – 31 Aug 2024••••••2 peopleSixth Report of the Monitor23 Oct 2024
KSV Restructuring Inc.MonitorContract Pharmaceuticals LimitedOntario · CCAA · closedto 31 Aug 2024•••Sixth Report of the Monitor11 Sep 2024
Ernst & Young Inc.Monitorperiod 9 of 11 on this matterNortel Networks CorporationOntario · CCAA29 Oct 2022 – 3 Aug 2024cumulative••••••12 peopleThe purpose of this One Hundred Sixty…11 Nov 2024
Ernst & Young Inc.Monitorperiod 2 of 2 on this matterVBI GroupOntario · CCAA · closed20 Jul – 2 Aug 2024•••Motion for the CCAA Termination Order29 Jan 2025
KSV Restructuring Inc.Monitorperiod 4 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA1 Jul – 31 Jul 2024••••••4 peopleTenth Report of the Monitor28 May 2025
KSV Restructuring Inc.Monitorperiod 4 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Jul – 31 Jul 2024••••••3 peopleSixth Report of the Monitor23 Oct 2024
KPMG Inc.Monitorperiod 1 of 2 on this matterCrown Crest Group of CompaniesOntario · CCAA25 Oct 2023 – 31 Jul 2024•••Fourth Report of the Monitor19 Sep 2024
KSV Restructuring Inc.Monitorperiod 4 of 5 on this matterWallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.Alberta · CCAA1 Apr – 31 Jul 2024•••Third Report of the Receiver13 Aug 2024
KSV Restructuring Inc.Monitorperiod 5 of 5 on this matterBioSteelOntario · CCAA · closedto 15 Jul 2024••••••3 peopleSixth Report of the Monitor24 Jul 2024
KSV Restructuring Inc.Monitorperiod 5 of 5 on this matterBioSteelOntario · CCAA · closed1 Mar – 15 Jul 2024cumulative••••••3 peopleSixth Report of the Monitor24 Jul 2024
Ernst & Young Inc.Monitorperiod 5 of 6 on this matterDonnelly Holdings Ltd, et al.British Columbia · CCAA · closed1 Jan – 30 Jun 2024••••••5 peopleAffidavit #1 of M. Bell31 Oct 2025
KSV Restructuring Inc.Monitorperiod 3 of 26 on this matterLoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA1 Jun – 30 Jun 2024••••••4 peopleTenth Report of the Monitor28 May 2025
FTI Consulting Canada Inc.Monitorperiod 4 of 4 on this matterCanWest Aerospace Inc.British Columbia · CCAA1 Mar 2023 – 30 Jun 2024cumulative•••Eighth Report of the Monitor13 Dec 2024
KSV Restructuring Inc.Monitorperiod 3 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 May – 30 Jun 2024•••Fifth Report of the Monitor22 Jul 2024
Deloitte Restructuring Inc.Monitorperiod 2 of 3 on this matterExpress Gold Refining LtdOntario · CCAA · closedto 9 Jun 2024••••••6 peopleTwenty First Report of the Monitor .pdf5 Dec 2024
KSV Restructuring Inc.Monitorperiod 3 of 3 on this matterNexii Building Solutions Inc.British Columbia · CCAA · closedto 31 May 2024Third Report of the Monitor24 Jun 2024
Deloitte Restructuring Inc.Monitorperiod 1 of 3 on this matterExpress Gold Refining LtdOntario · CCAA · closedto 26 May 2024••••••5 peopleTwenty First Report of the Monitor .pdf5 Dec 2024
KSV Restructuring Inc.Monitorperiod 2 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closedto 30 Apr 2024Sought•••Seventh Report of the Monitor23 Jan 2025
KSV Restructuring Inc.Monitorperiod 3 of 5 on this matterBioSteelOntario · CCAA · closedto 30 Apr 2024••••••3 peopleSixth Report of the Monitor24 Jul 2024
KSV Restructuring Inc.Monitorperiod 2 of 3 on this matterNexii Building Solutions Inc.British Columbia · CCAA · closedto 30 Apr 2024Third Report of the Monitor24 Jun 2024
KSV Restructuring Inc.Monitorfirm not named in the headingperiod 3 of 3 on this matterSkylink Express Inc.Ontario · CCAA · closed15 Feb – 30 Apr 2024cumulative•••2 peopleThird Report of the Monitor24 May 2024
KSV Restructuring Inc.Monitorperiod 2 of 14 on this matterSkylink Express Inc.Ontario · CCAA · closed1 Apr – 30 Apr 2024••••••2 peopleThird Report of the Monitor24 May 2024
PricewaterhouseCoopers Inc., LITMonitorperiod 2 of 2 on this matterHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNewfoundland and Labrador · CCAA · closed2 Nov 2023 – 19 Apr 2024cumulative••••••10 peopleSupplement to the Fifth Report of the…26 Apr 2024
PricewaterhouseCoopers Inc., LITMonitorperiod 2 of 2 on this matterHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNewfoundland and Labrador · CCAA · closedto 19 Apr 2024••••••6 peopleSupplement to the Fifth Report of the…26 Apr 2024
Alvarez & Marsal Canada Inc.MonitorCandesto Enterprises Corp., D3 Infrastructure Services Inc., and Safe Roads Alberta Ltd.Alberta · CCAA · closed18 Dec 2023 – 30 Mar 2024Soughtcumulative•••Third Report of the Montior
KSV Restructuring Inc.MonitorBlack Press Ltd.British Columbia · CCAA · closed1 Dec 2023 – 25 Mar 2024Soughtcumulative••••••5 peopleThird Report of the Monitor5 Apr 2024
PricewaterhouseCoopers Inc.Monitor1000843823 Ontario IncOntario · CCAA9 Jan – 22 Mar 2024cumulative••••••16 peopleSecond Report of the Monitor29 Mar 2024
KSV Restructuring Inc.MonitorAleafia Health Inc.Ontario · CCAA · closed4 Jul 2023 – 31 Jan 2024cumulative•••Sixth Report of the Monitor22 Feb 2024
Alvarez & Marsal Canada Inc.Monitorperiod 3 of 3 on this matterManitoba Clinic Medical Corporation and The Manitoba Clinic Holding Co. Ltd.Manitoba · CCAA · closed16 Nov 2023 – 31 Jan 2024Sought•••Seventh Report of the Monitor6 Feb 2024

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.