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 22 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | to 31 Dec 2025 | ••• | •••4 people | Fourteenth Report of the Monitor - KSV…21 May 2026 |
| KSV Restructuring Inc.Monitorperiod 3 of 9 on this matter | Claire’s Stores Canada Corp.Ontario · CCAA | 1 Dec – 31 Dec 2025 | ••• | •••4 people | Fourth Report of the Monitor8 May 2026 |
| Ernst & Young Inc.Monitorperiod 11 of 11 on this matter | Nortel Networks CorporationOntario · CCAA | 31 Aug 2024 – 31 Dec 2025Soughtcumulative | ••• | •••17 people | One Hundred Sixty Fifth Report of the…1 Apr 2026 |
| GlassRatner Restructuring Inc.Monitorperiod 2 of 6 on this matter | World Wide Carriers Ltd. et al.Ontario · CCAA | 1 Dec – 31 Dec 2025 | ••• | •••8 people | Eighth Report of the Monitor23 Mar 2026 |
| KSV Restructuring Inc.Monitorperiod 9 of 9 on this matter | Sandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.Ontario · CCAA | to 31 Dec 2025 | ••• | •••4 people | Fourth Report of the Monitor20 Jan 2026 |
| KSV Restructuring Inc.Monitorperiod 9 of 9 on this matter | Sandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.Ontario · CCAA | 1 Jun – 31 Dec 2025cumulative | — | ••• | Fourth Report of the Monitor20 Jan 2026 |
| (firm not named)Monitorfirm not named in the headingperiod 2 of 2 on this matter | Chesswood Group LimitedOntario · CCAA | 1 Sep – 31 Dec 2025Approved | — | ••• | Motion Record of the Monitor (CCAA…18 Jan 2026 |
| FTI Consulting Canada Inc.Monitorperiod 3 of 3 on this matter | Chesswood Group LimitedOntario · CCAA | 1 Sep – 31 Dec 2025Sought | — | ••• | Ninth Report of the Monitor18 Jan 2026 |
| KSV Restructuring Inc.Monitorfirm not named in the heading | Oak and Fort Corp. et al.British Columbia · CCAA | 2 Jun – 19 Dec 2025Soughtcumulative | — | ••• | Affidavit No. 1 of Noah Goldstein made…23 Dec 2025 |
| KSV Restructuring Inc.Monitorperiod 1 of 3 on this matter | AYR Wellness Inc.British Columbia · CCAA · closed | to 30 Nov 2025 | ••• | •••3 people | Affidavit of Noah Goldstein sworn July 10,…10 Jul 2026 |
| KSV Restructuring Inc.Monitorperiod 21 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Jul 2023 – 30 Nov 2025cumulative | ••• | ••• | Fourteenth Report of the Monitor - KSV…21 May 2026 |
| PricewaterhouseCoopers Inc.Monitorperiod 4 of 5 on this matter | TILT Holdings Inc.British Columbia · CCAA · closed | to 30 Nov 2025 | ••• | •••4 people | 2026 03 09 Affidavit #1 of Spencer Oppal…28 Mar 2026 |
| GlassRatner Restructuring Inc.Monitorperiod 1 of 6 on this matter | World Wide Carriers Ltd. et al.Ontario · CCAA | 1 Nov – 30 Nov 2025 | ••• | •••8 people | Eighth Report of the Monitor23 Mar 2026 |
| KSV Restructuring Inc.Monitorperiod 2 of 2 on this matter | Iovate Health SciencesOntario · CCAA | to 30 Nov 2025Approvedcumulative | — | ••• | Motion Record (Stay Extension and Ancillary…23 Jan 2026 |
| KSV Restructuring Inc.Monitorperiod 7 of 9 on this matter | Sandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.Ontario · CCAA | to 30 Nov 2025 | ••• | •••2 people | Fourth Report of the Monitor20 Jan 2026 |
| KSV Restructuring Inc.Monitorperiod 1 of 5 on this matter | B+H Architects Corp.Ontario · CCAA | 17 Sep – 30 Nov 2025 | — | ••• | Third Report of the Monitor24 Dec 2025 |
| PricewaterhouseCoopers Inc.Monitor | STS Renewables Ltd. et al.Ontario · CCAA · closed | 15 May – 15 Nov 2025 | ••• | ••• | Supplement to the Sixth Report25 Nov 2025 |
| PricewaterhouseCoopers Inc.Monitorperiod 3 of 5 on this matter | TILT Holdings Inc.British Columbia · CCAA · closed | 1 Nov – 14 Nov 2025 | ••• | •••4 people | 2026 03 09 Affidavit #1 of Spencer Oppal…28 Mar 2026 |
| PricewaterhouseCoopers Inc.Monitorperiod 2 of 5 on this matter | TILT Holdings Inc.British Columbia · CCAA · closed | to 31 Oct 2025 | ••• | •••2 people | 2026 03 09 Affidavit #1 of Spencer Oppal…28 Mar 2026 |
| KSV Restructuring Inc.Monitorperiod 6 of 9 on this matter | Sandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.Ontario · CCAA | to 31 Oct 2025 | ••• | •••4 people | Fourth Report of the Monitor20 Jan 2026 |
| B. Riley Farber Inc.Monitorperiod 2 of 2 on this matter | World Wide Carriers Ltd. et al.Ontario · CCAA | 1 Jul – 31 Oct 2025 | ••• | ••• | Sixth Report of the Monitor1 Dec 2025 |
| KSV Restructuring Inc.Monitorperiod 19 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Oct – 31 Oct 2025 | ••• | •••5 people | Twelfth Report of the Monitor20 Nov 2025 |
| KSV Restructuring Inc.Monitorperiod 1 of 9 on this matter | Claire’s Stores Canada Corp.Ontario · CCAA | 1 Aug – 31 Oct 2025 | — | ••• | Third Report of the Monitor12 Nov 2025 |
| Grant Thornton LimitedMonitorperiod 1 of 2 on this matter | Karwood Estates Inc. and Gregg Construction Ltd.Newfoundland and Labrador · CCAA | to 31 Oct 2025cumulative | — | ••• | Monitor's Twelfth Report dated November 10,…10 Nov 2025 |
| Alvarez & Marsal Canada Inc.Monitorperiod 2 of 2 on this matter | Li-Cycle Corp. et al.Ontario · CCAA · closed | 20 Jul – 25 Oct 2025 | — | ••• | Sixth Report of the Monitor31 Oct 2025 |
| KSV Restructuring Inc.Monitorperiod 18 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Sep – 30 Sep 2025 | ••• | •••4 people | Twelfth Report of the Monitor20 Nov 2025 |
| Grant Thornton LimitedMonitor | Hazelton Development CorporationOntario · CCAA | 1 Jan – 30 Sep 2025Sought | — | — | Twenty-Fifth Report of the Monitor dated…20 Oct 2025 |
| KSV Restructuring Inc.Monitorperiod 4 of 4 on this matter | Norwood IndustriesOntario · CCAA · closed | 15 Sep – 21 Sep 2025 | ••• | •••2 people | Second Report of the Monitor29 Sep 2025 |
| KSV Restructuring Inc.Monitorperiod 4 of 4 on this matter | Norwood IndustriesOntario · CCAA · closed | 21 May – 21 Sep 2025cumulative | — | •••2 people | Second Report of the Monitor29 Sep 2025 |
| KSV Restructuring Inc.Monitorperiod 4 of 4 on this matter | Norwood IndustriesOntario · CCAA · closed | to 21 Sep 2025cumulative | ••• | ••• | Second Report of the Monitor29 Sep 2025 |
| (firm not named)Monitorfirm not named in the heading | Donnelly Holdings Ltd, et al.British Columbia · CCAA · closed | 11 Apr 2023 – 17 Sep 2025cumulative | ••• | — | Thirteenth Report31 Oct 2025 |
| Ernst & Young Inc.Monitorperiod 6 of 6 on this matter | Donnelly Holdings Ltd, et al.British Columbia · CCAA · closed | 11 Apr 2023 – 17 Sep 2025Soughtcumulative | ••• | •••8 people | Affidavit #1 of M. Bell31 Oct 2025 |
| KSV Restructuring Inc.Monitorperiod 1 of 4 on this matter | Norwood IndustriesOntario · CCAA · closed | 2 Jul – 14 Sep 2025 | ••• | •••2 people | Second Report of the Monitor29 Sep 2025 |
| KSV Restructuring Inc.Monitorperiod 17 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Aug – 31 Aug 2025 | ••• | •••4 people | Twelfth Report of the Monitor20 Nov 2025 |
| Grant Thornton LimitedMonitorperiod 1 of 2 on this matter | Innovative Capital Investments Inc. and Dominion Trading Ltd.Newfoundland and Labrador · CCAA | 2 Jan – 31 Aug 2025 | ••• | ••• | Monitor’s Eighth Report22 Oct 2025 |
| Duff & PhelpsMonitorfirm not named in the headingperiod 1 of 2 on this matter | Chesswood Group LimitedOntario · CCAA | 1 Aug – 31 Aug 2025 | ••• | •••7 people | Supplementary Motion Record of the Monitor…26 Sep 2025 |
| FTI Consulting Canada Inc.Monitorperiod 2 of 3 on this matter | Chesswood Group LimitedOntario · CCAA | 1 Aug – 31 Aug 2025 | ••• | •••7 people | Supplement to the Eighth Report of the…26 Sep 2025 |
| BDO Canada LimitedMonitorperiod 2 of 3 on this matter | Earth Boring Co. LimitedOntario · CCAA · closed | 16 Aug – 31 Aug 2025 | ••• | •••3 people | Fourth Report of the Monitor9 Sep 2025 |
| BDO Canada LimitedMonitorperiod 2 of 3 on this matter | Earth Boring Co. LimitedOntario · CCAA · closed | 19 Jul – 31 Aug 2025cumulative | ••• | •••4 people | Fourth Report of the Monitor9 Sep 2025 |
| KSV Restructuring Inc.Monitorperiod 2 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 Aug 2025 | — | ••• | Twelfth Report of the Monitor7 Apr 2025 |
| KSV Restructuring Inc.Monitorperiod 16 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Jul – 31 Jul 2025 | ••• | •••3 people | Twelfth Report of the Monitor20 Nov 2025 |
| KSV Restructuring Inc.Monitorperiod 2 of 2 on this matter | Lawrence Ophthalmic Lab inc. et al.Ontario · CCAA · closed | 1 Apr – 31 Jul 2025 | — | ••• | Third Report of the Monitor25 Aug 2025 |
| KSV Restructuring Inc.Monitorperiod 37 of 37 on this matter | Urbancorp GroupOntario · CCAA | 1 Jan – 31 Jul 2025 | — | ••• | Motion Record of the Urbancorp Entities20 Aug 2025 |
| KSV Restructuring Inc.Monitorperiod 5 of 5 on this matter | Urbancorp Management Inc.Ontario · Bankruptcy | 1 Jan – 31 Jul 2025 | — | ••• | Seventh Report of the Trustee20 Aug 2025 |
| KSV Restructuring Inc.Monitorperiod 15 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 Jun – 30 Jun 2025 | ••• | •••5 people | Twelfth Report of the Monitor20 Nov 2025 |
| B. Riley Farber Inc.Monitorperiod 1 of 2 on this matter | World Wide Carriers Ltd. et al.Ontario · CCAA | 19 Mar – 30 Jun 2025Sought | ••• | ••• | Fourth Report of the Monitor25 Jul 2025 |
| Deloitte Restructuring Inc.Monitorperiod 6 of 6 on this matter | Sperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.British Columbia · CCAA · closed | 1 May – 6 Jun 2025 | ••• | •••2 people | Second Report of the Monitor, June 26, 202526 Jun 2025 |
| KSV Restructuring Inc.Monitorperiod 14 of 26 on this matter | LoyaltyOne, Co. (dba AIR MILES®)Ontario · CCAA | 1 May – 31 May 2025 | ••• | •••5 people | Twelfth Report of the Monitor20 Nov 2025 |
| KSV Restructuring Inc.Monitorperiod 5 of 9 on this matter | Sandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.Ontario · CCAA | 1 Jan – 31 May 2025cumulative | — | ••• | Third Report of the Monitor20 Jun 2025 |
| KSV Restructuring Inc.Monitorperiod 5 of 9 on this matter | Sandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.Ontario · CCAA | to 31 May 2025 | ••• | •••4 people | Third Report of the Monitor20 Jun 2025 |
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.