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.
| Person | Firm | Case | Period | Rate ▼ | Source |
|---|---|---|---|---|---|
| Jeffrey RosenbergSenior Managing Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 28 Aug – 17 Sep 2023 | ••• | Fifth Report of the Monitor |
| Jeffrey RosenbergSenior Managing Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 7 Aug – 27 Aug 2023 | ••• | Fourth Report of the Monitor |
| Jeffrey RosenbergSenior Managing Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 10 Jul – 6 Aug 2023 | ••• | Third Report of the Monitor |
| Jodi PorepaSenior Managing Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 28 Aug – 17 Sep 2023 | ••• | Fifth Report of the Monitor |
| Jodi PorepaSenior Managing Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 7 Aug – 27 Aug 2023 | ••• | Fourth Report of the Monitor |
| Jodi PorepaSenior Managing Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 10 Jul – 6 Aug 2023 | ••• | Third Report of the Monitor |
| Thomas PowellSenior Managing Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | NextPoint Financial Inc.BC · closed | 9 Jul – 29 Dec 2023 | ••• | Seventh Report of the Monitor |
| Craig MunroManaging Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | NextPoint Financial Inc.BC · closed | 9 Jul – 29 Dec 2023 | ••• | Seventh Report of the Monitor |
| Robert Kofman | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 May – 31 May 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Apr – 30 Apr 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Mar – 31 Mar 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Feb – 28 Feb 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Urbancorp Management Inc.ON | 1 Feb – 28 Feb 2023 | ••• | Second Report as Trustee dated March 16, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Urbancorp GroupON | 1 Feb – 28 Feb 2023 | ••• | Fifty-Sixth Report of the Monitor dated March 16, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Jan – 31 Jan 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Urbancorp GroupON | 1 Jan – 31 Jan 2023 | ••• | Fifty-Sixth Report of the Monitor dated March 16, 2023 |
| Robert Kofman | KSV Restructuring Inc.Monitor | Urbancorp Management Inc.ON | 1 Jan – 31 Jan 2023 | ••• | Second Report as Trustee dated March 16, 2023 |
| Robert KofmanManaging Director · officers of the court · partner | KSV Restructuring Inc.Monitor | Urbancorp GroupON | 1 Nov 2022 – 28 Feb 2023 | ••• | Fifty-Sixth Report of the Monitor dated March 16, 2023 |
| Robert KofmanManaging Director · officers of the court · partner | KSV Restructuring Inc.Monitor | Urbancorp Management Inc.ON | 1 Nov 2022 – 28 Feb 2023 | ••• | Second Report as Trustee dated March 16, 2023 |
| Cameron BrowningSenior Director · officers of the court · director | FTI Consulting Canada Inc.Monitor | NextPoint Financial Inc.BC · closed | 9 Jul – 29 Dec 2023 | ••• | Seventh Report of the Monitor |
| Michael ClarkSenior Director · officers of the court · director | FTI Consulting Canada Inc.Monitor | NextPoint Financial Inc.BC · closed | 9 Jul – 29 Dec 2023 | ••• | Seventh Report of the Monitor |
| Noah Goldstein | KSV Restructuring Inc.Monitor | BioSteelON · closed | to 31 Mar 2023 | ••• | Sixth Report of the Monitor dated July 24, 2024 |
| Urvi BhandareDirector | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 28 Aug – 17 Sep 2023 | ••• | Fifth Report of the Monitor |
| Urvi BhandareDirector | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 7 Aug – 27 Aug 2023 | ••• | Fourth Report of the Monitor |
| Urvi BhandareDirector | FTI Consulting Canada Inc.Monitor | IMV Inc., Immunovaccine Technologies Inc. and IMV USA Inc.NS · closed | 10 Jul – 6 Aug 2023 | ••• | Third Report of the Monitor |
| Mitch VininskyAll aspects of mandate | KSV Restructuring Inc.Monitor | Magna Gold Corp.ON · closed | 1 Apr – 31 Oct 2023 | ••• | Motion Record of the Monitor returnable November 21, 2023 |
| Noah GoldsteinOverall responsibility | KSV Restructuring Inc.Monitor | Magna Gold Corp.ON · closed | 1 Apr – 31 Oct 2023 | ••• | Motion Record of the Monitor returnable November 21, 2023 |
| David Sieradzki | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 May – 31 May 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Craig MunroManaging Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | CanWest Aerospace Inc.BC | to 30 Apr 2023 | ••• | Eighth Report of the Monitor |
| David Sieradzki | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Apr – 30 Apr 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Craig MunroManaging Director · officers of the court · partner | FTI Consulting Canada Inc.Monitor | CanWest Aerospace Inc.BC | to 31 Mar 2023 | ••• | Eighth Report of the Monitor |
| David Sieradzki | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Mar – 31 Mar 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Mitch VininskyReporting and Court matters | KSV Restructuring Inc.Monitor | Magna Gold Corp.ON · closed | 20 Mar – 31 Mar 2023 | ••• | Motion Record of the Monitor returnable November 21, 2023 |
| Noah GoldsteinOverall responsibility | KSV Restructuring Inc.Monitor | Magna Gold Corp.ON · closed | 20 Mar – 31 Mar 2023 | ••• | Motion Record of the Monitor returnable November 21, 2023 |
| David Sieradzki | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Feb – 28 Feb 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Noah Goldstein | KSV Restructuring Inc.Monitor | Urbancorp GroupON | 1 Feb – 28 Feb 2023 | ••• | Fifty-Sixth Report of the Monitor dated March 16, 2023 |
| Noah Goldstein | KSV Restructuring Inc.Monitor | Urbancorp Management Inc.ON | 1 Feb – 28 Feb 2023 | ••• | Second Report as Trustee dated March 16, 2023 |
| David Sieradzki | KSV Restructuring Inc.Monitor | Pure Gold Mining Inc.BC · closed | 1 Jan – 31 Jan 2023 | ••• | Seventh Report of the Monitor dated July 13, 2023 |
| Noah Goldstein | KSV Restructuring Inc.Monitor | Urbancorp Management Inc.ON | 1 Jan – 31 Jan 2023 | ••• | Second Report as Trustee dated March 16, 2023 |
| Noah Goldstein | KSV Restructuring Inc.Monitor | Urbancorp GroupON | 1 Jan – 31 Jan 2023 | ••• | Fifty-Sixth Report of the Monitor dated March 16, 2023 |
| John WilliamsManaging Director · officers of the court · partner | Alvarez & Marsal Canada Inc.Monitor | Mountain Equipment Co-operativeBC · closed | 14 Sep 2020 – 30 Nov 2023 | ••• | First Affidavit of T. Martin Sworn on November 21, 2023 |
| Noah GoldsteinManaging Director · officers of the court · partner | KSV Restructuring Inc.Monitor | Urbancorp GroupON | 1 Nov 2022 – 28 Feb 2023 | ••• | Fifty-Sixth Report of the Monitor dated March 16, 2023 |
| Noah GoldsteinManaging Director · officers of the court · partner | KSV Restructuring Inc.Monitor | Urbancorp Management Inc.ON | 1 Nov 2022 – 28 Feb 2023 | ••• | Second Report as Trustee dated March 16, 2023 |
| Michael BellSenior Vice President · officers of the court · partner | Ernst & Young Inc.Monitor | Donnelly Holdings Ltd, et al.BC · closed | 1 Jul – 31 Dec 2023 | ••• | Affidavit #1 of M. Bell |
| Michael BellSenior Vice President · officers of the court · partner | Ernst & Young Inc.Monitor | Donnelly Holdings Ltd, et al.BC · closed | 23 May – 30 Jun 2023 | ••• | Affidavit #1 of M. Bell |
| Michael BellSenior Vice President · officers of the court · partner | Ernst & Young Inc.Monitor | Donnelly Holdings Ltd, et al.BC · closed | to 22 May 2023 | ••• | Affidavit #1 of M. Bell |
| Michael HayesPartner | Ernst & Young Inc.Monitor | Donnelly Holdings Ltd, et al.BC · closed | 1 Jul – 31 Dec 2023 | ••• | Affidavit #1 of M. Bell |
| Michael BellSenior Vice President · officers of the court · partner | Ernst & Young Inc.Monitor | Fresh Local Solutions Inc. et al.BC · closed | 1 Jan – 21 Apr 2023 | ••• | M. Bell Affidavit #3 |
| Michael ClarkSenior Director · officers of the court · director | FTI Consulting Canada Inc.Monitor | CanWest Aerospace Inc.BC | to 31 Mar 2023 | ••• | Eighth Report of the Monitor |
| Pinky LawSenior Director · officers of the court · director | Alvarez & Marsal Canada Inc.Monitor | Mountain Equipment Co-operativeBC · closed | 14 Sep 2020 – 30 Nov 2023 | ••• | First Affidavit of T. Martin Sworn on November 21, 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.