Proceedings.

What the professionals charged

3,717 bills from 196 firms on 874 matters · 9,448 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 9,448 stated hourly rates, band by band. The bands and their counts are open to everyone.

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601–650 of 650 stated rates · KSV Restructuring Inc.
PersonFirmCasePeriodRate ▲Source
Robert KofmanKSV Restructuring Inc.Receiver72 James Investments Inc., Forge & Foster Holdings Inc. and Clifton Blake Partners LPON · closed1 Jun – 30 Jun 2024Third Report of the Receiver dated August 30, 2024
Robert KofmanKSV Restructuring Inc.Receiver72 James Investments Inc., Forge & Foster Holdings Inc. and Clifton Blake Partners LPON · closed1 May – 31 May 2024Third Report of the Receiver dated August 30, 2024
Robert KofmanKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Apr – 30 Apr 2024Third Report of the Monitor dated May 24, 2024
Robert KofmanPresident and Managing Director · officers of the court · partnerKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed15 Feb – 30 Apr 2024Third Report of the Monitor dated May 24, 2024
Robert KofmanKSV Restructuring Inc.Receiver72 James Investments Inc., Forge & Foster Holdings Inc. and Clifton Blake Partners LPON · closed1 Apr – 30 Apr 2024Third Report of the Receiver dated August 30, 2024
Robert KofmanOverall responsibilityKSV Restructuring Inc.Receiver72 James Investments Inc., Forge & Foster Holdings Inc. and Clifton Blake Partners LPON · closed13 Feb – 19 Apr 2024Second Report of the Receiver dated April 24, 2024
David SieradzkiOverall ResponsibilityKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON—Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Noah GoldsteinOverall ResponsibilityKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON—Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Noah GoldsteinManaging Director · officers of the court · partner · Overall responsibilityKSV Restructuring Inc.ReceiverGreen World Construction Inc.ON · closed—Motion Record of the Receiver dated November 26, 2025
Robert KofmanKSV Restructuring Inc.ReceiverTowns of Thornbury (2521311 Ontario Inc.)ON · closed—Motion Record of the Receiver dated November 14, 2024
Robert KofmanManaging Director · officers of the court · partnerKSV Restructuring Inc.MonitorNorwood IndustriesON · closed21 May – 21 Sep 2025Second Report of the Monitor dated September 29, 2025
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorNorwood IndustriesON · closed15 Sep – 21 Sep 2025Second Report of the Monitor dated September 29, 2025
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorNorwood IndustriesON · closed2 Jul – 14 Sep 2025Second Report of the Monitor dated September 29, 2025
Robert KofmanKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Mar – 31 Mar 2025Eighth Report of the Monitor dated April 21, 2025
Robert KofmanKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Feb – 28 Feb 2025Eighth Report of the Monitor dated April 21, 2025
Robert KofmanKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Jan – 31 Jan 2025Eighth Report of the Monitor dated April 21, 2025
Robert KofmanManaging Director · officers of the court · partnerKSV Restructuring Inc.ReceiverAxiom Real Time Metrics Inc.ON—Motion Record of the Receiver returnable February 27, 2026
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 30 Apr 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Mitch VininskyOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Apr – 30 Apr 2026Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 30 Apr 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Noah GoldsteinKSV Restructuring Inc.MonitorAYR Wellness Inc.BC · closedto 30 Apr 2026Affidavit of Noah Goldstein sworn July 10, 2026
Noah GoldsteinManaging Director · officers of the court · partnerKSV Restructuring Inc.MonitorB+H Architects Corp.ON16 Jan – 30 Apr 2026Fifth Report of the Monitor dated May 22, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Receiver2616766 Ontario LimitedON · closed15 Apr – 30 Apr 2026Fourth Report of the Receiver dated June 21, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Apr – 30 Apr 2026Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Receiver2616766 Ontario LimitedON · closed1 Apr – 14 Apr 2026Fourth Report of the Receiver dated June 21, 2026
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 31 Mar 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Mitch VininskyManaging Director · officers of the court · partnerKSV Restructuring Inc.ReceiverChancery (Oshawa) The Bartlett Limited Partnership and Chancery (Oshawa) the Bartlett GP Inc.ON · closed1 Mar – 31 Mar 2026Supplement to the 4th Report dated April 6, 2026
Mitch VininskyOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Mar – 31 Mar 2026Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Receiver2616766 Ontario LimitedON · closed1 Mar – 31 Mar 2026Fourth Report of the Receiver dated June 21, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Mar – 31 Mar 2026Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 31 Mar 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Receiver1069016 B.C. Ltd. and 1183011 B.C. Ltd.BC · closed23 Feb – 31 Mar 2026Affidavit #1 of Noah Goldstein made April 28, 2026
Noah GoldsteinKSV Restructuring Inc.MonitorAYR Wellness Inc.BC · closedto 31 Mar 2026Affidavit of Noah Goldstein sworn July 10, 2026
Noah GoldsteinManaging Director · officers of the court · partnerKSV Restructuring Inc.Receiver1069016 B.C. Ltd. and 1183011 B.C. Ltd.BC · closed6 May 2025 – 31 Mar 2026Affidavit #1 of Noah Goldstein made April 28, 2026
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 28 Feb 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Mitch VininskyOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Feb – 28 Feb 2026Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Feb – 28 Feb 2026Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinManaging Director · officers of the court · partner · Overall responsibilityKSV Restructuring Inc.Receiver1351 Queen St East Corp.ON · closed7 Jan – 28 Feb 2026First Report of the Receiver dated March 25, 2026
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 28 Feb 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 31 Jan 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Mitch VininskyOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Jan – 31 Jan 2026Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 31 Jan 2026Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Noah GoldsteinKSV Restructuring Inc.MonitorB+H Architects Corp.ON16 Jan – 31 Jan 2026Fifth Report of the Monitor dated May 22, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Jan – 31 Jan 2026Fourth Report of the Monitor dated May 8, 2026
Jeremy Opolskycalled 2011KSV Restructuring Inc.TrusteeBondfield Construction Company LimitedON—KSV Restructuring Inc. Bill of Costs for Motion to Stay,…
Robert KofmanKSV Restructuring Inc.TrusteeSKD CompanyON · closed1 Apr – 30 Apr 2026Second Report of the Trustee dated July 15, 2026
Robert KofmanKSV Restructuring Inc.TrusteeSKD CompanyON · closed1 Mar – 31 Mar 2026Second Report of the Trustee dated July 15, 2026
Robert KofmanManaging Director · officers of the court · partnerKSV Restructuring Inc.ReceiverChancery (Oshawa) The Bartlett Limited Partnership and Chancery (Oshawa) the Bartlett GP Inc.ON · closed1 Mar – 31 Mar 2026Supplement to the 4th Report dated April 6, 2026
Jeremy OpolskyKSV Restructuring Inc.TrusteeBondfield Construction Company LimitedON—KSV Restructuring Inc. Bill of Costs for Motion to Stay,…
Jeremy OpolskyKSV Restructuring Inc.TrusteeBondfield Construction Company LimitedON—KSV Restructuring Inc. Bill of Costs for Motion to Stay,…

What a bill looks likeBenchmarks

Measured across the record

A partner's hour

median of each bill's top standard rate, 2026, over 201 bills; 200 in 2025

The blended rate, stated

median of the average hourly rates filings state outright, counsel, over 1,011 bills. A further 75 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 (238), 5-9 years (163), 10-19 years (223), 20+ years (270)

Where the rates are

3,717 bills

monitor 598 · receiver 1,023 · interim receiver 36 · trustee 63 · …

Who bills these estatesWho bills

Named in the filings
  1. KSV Restructuring Inc.Information officer · Interim receiver · Monitor · Proposal trustee · Receiver · Trustee · 109 matters370
  2. Deloitte Restructuring Inc.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 65 matters191
  3. FTI Consulting Canada Inc.Information officer · Monitor · Receiver · 49 matters185
  4. MNP Ltd.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 98 matters183
  5. Cassels Brock & Blackwell LLPCounsel · 47 matters148
  6. Ernst & Young Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 44 matters143
  7. BDO Canada LimitedInterim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 70 matters128
  8. Aird & Berlis LLPCounsel · 64 matters112
  9. Alvarez & Marsal Canada Inc.Information officer · Liquidator · Monitor · Proposal trustee · Receiver · 41 matters93
  10. PricewaterhouseCoopers Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 32 matters79
  11. Dentons Canada LLPCounsel · 32 matters78
  12. Fasken Martineau DuMoulin LLPCounsel · 33 matters76

Bills, counted one per firm per period however many filings restate it. 196 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.