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 |
|---|---|---|---|---|---|
| PricewaterhouseCoopers Inc.Monitorperiod 16 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 May 2021 | ••• | •••5 people | Ninth Report of the Monitor13 Jul 2022 |
| Borden Ladner Gervais LLPCounsel, client not statedperiod 2 of 2 on this matter | North American Steel Erectors Inc.Alberta · Bankruptcy | to 31 May 2021 | ••• | •••4 people | Filed First Report of the Trustee6 Jul 2022 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 3 on this matter | Greenfire Oil and Gas Ltd. and Greenfire HangingstoneAlberta · NOI · closed | 1 Apr – 31 May 2021Approved | ••• | — | Second Report of the Receiver (March 15,…15 Mar 2022 |
| McMillan LLPReceiver's counselperiod 2 of 3 on this matter | Greenfire Oil and Gas Ltd. and Greenfire HangingstoneAlberta · NOI · closed | 1 Apr – 31 May 2021Approved | ••• | — | Second Report of the Receiver (March 15,…15 Mar 2022 |
| Chaitons LLPReceiver's counselperiod 2 of 2 on this matter | O2 Industries Inc.Ontario · Receivership (court-appointed) · closed | to 31 May 2021Sought | ••• | — | Second Report of the Receiver7 Feb 2022 |
| FTI Consulting Canada Inc.Monitorperiod 5 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | 19 Apr – 31 May 2021 | ••• | ••• | Fifth Report of the Monitor27 Jan 2022 |
| BDO Canada LimitedReceiverperiod 1 of 3 on this matter | Versitec Marine (1635536 Ontario Inc. o/a Versitec Marine & Industrial, and Versitec Marine USA Inc.)Ontario · Receivership (court-appointed) · closed | 13 Jan – 31 May 2021 | ••• | ••• | Fourth Report of Substitute Receiver18 Nov 2021 |
| Loopstra Nixon LLPReceiver's counselfirm not named in the headingperiod 5 of 6 on this matter | Versitec Marine (1635536 Ontario Inc. o/a Versitec Marine & Industrial, and Versitec Marine USA Inc.)Ontario · Receivership (court-appointed) · closed | 15 Jan – 31 May 2021 | ••• | ••• | Fourth Report of Substitute Receiver18 Nov 2021 |
| RSM Canada LimitedLiquidatorperiod 4 of 6 on this matter | Apartments For Living For Physically Handicapped AssociationOntario · Receivership (court-appointed) · closed | 1 Feb – 31 May 2021 | ••• | •••4 people | Motion Record27 Oct 2021 |
| Davies Ward Phillips & Vineberg LLPMonitor's counselperiod 5 of 30 on this matter | Urbancorp GroupOntario · CCAA | 3 May – 31 May 2021 | ••• | •••5 people | Forty-Eighth Report of the Monitor23 Aug 2021 |
| Alvarez & Marsal Canada Inc.Receiverperiod 4 of 6 on this matter | LREIT Holdings 34 CorporationAlberta · Receivership (court-appointed) · closed | 1 May 2020 – 31 May 2021Soughtcumulative | ••• | — | Fourth Report of the Receiver (June 28,…28 Jun 2021 |
| Burnet, Duckworth & Palmer LLPCounsel, client not statedperiod 4 of 4 on this matter | LREIT Holdings 34 CorporationAlberta · Receivership (court-appointed) · closed | 1 May 2020 – 31 May 2021Soughtcumulative | ••• | — | Fourth Report of the Receiver (June 28,…28 Jun 2021 |
| Thornton Grout Finnigan LLPReceiver's counselperiod 2 of 3 on this matter | Toolplas Systems Inc.Ontario · Receivership (court-appointed) · closed | 1 Apr – 31 May 2021Sought | ••• | — | Motion Record of the Receiver23 Jun 2021 |
| Loopstra Nixon LLPReceiver's counselperiod 1 of 2 on this matter | Versitec Marine (1635536 Ontario Inc. o/a Versitec Marine & Industrial, and Versitec Marine USA Inc.)Ontario · Receivership (court-appointed) · closed | 15 Jan – 31 May 2021 | ••• | ••• | Motion Record of the Substitute Receiver22 Jun 2021 |
| KSV Restructuring Inc.Monitorperiod 13 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 May – 31 May 2021 | ••• | •••4 people | Fourth Report of the Monitor18 Jun 2021 |
| KSV Restructuring Inc.Monitorperiod 13 of 17 on this matter | Metro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)Ontario · CCAA | 1 Nov 2020 – 31 May 2021Soughtcumulative | — | •••4 people | Fourth Report of the Monitor18 Jun 2021 |
| Deloitte Restructuring Inc.Receiverperiod 2 of 2 on this matter | Tyler Smith, Pamela Smith, Smith Northern Ranching, and 101197829 Saskatchewan Ltd.Saskatchewan · Receivership (court-appointed) · closed | 4 Apr – 31 May 2021Sought | ••• | — | Fifth Report of the Receiver .pdf3 Jun 2021 |
| MLT Aikins LLPReceiver's counselperiod 3 of 3 on this matter | Tyler Smith, Pamela Smith, Smith Northern Ranching, and 101197829 Saskatchewan Ltd.Saskatchewan · Receivership (court-appointed) · closed | 1 Apr – 31 May 2021Sought | ••• | ••• | Fifth Report of the Receiver .pdf3 Jun 2021 |
| MLT Aikins LLPReceiver's counselperiod 3 of 3 on this matter | Tyler Smith, Pamela Smith, Smith Northern Ranching, and 101197829 Saskatchewan Ltd.Saskatchewan · Receivership (court-appointed) · closed | to 31 May 2021 | ••• | •••2 people | Fifth Report of the Receiver .pdf3 Jun 2021 |
| Deloitte Restructuring Inc.Receiverperiod 3 of 5 on this matter | 3304051 Nova Scotia Limited (Hefler Forest Products)Nova Scotia · Receivership (court-appointed) · closed | 3 May – 24 Jun 2021 | ••• | •••8 people | Affidavit of James Foran12 Nov 2021 |
| A. Farber & Partners Inc.Receiverperiod 4 of 4 on this matter | 2368523 Ontario Limited (dba Curative Cannabis)Ontario · Receivership (court-appointed) | 1 Dec 2019 – 25 Jun 2021 | ••• | •••5 people | Motion Record of Receiver5 Jul 2021 |
| A. Farber & Partners Inc.Receiverperiod 4 of 4 on this matter | 2368523 Ontario Limited (dba Curative Cannabis)Ontario · Receivership (court-appointed) | 25 Aug 2019 – 25 Jun 2021Soughtcumulative | — | ••• | Motion Record of Receiver5 Jul 2021 |
| Aird & Berlis LLPReceiver's counselperiod 4 of 4 on this matter | Orbit Freight LtdOntario · Receivership (court-appointed) · closed | 1 Apr – 29 Jun 2021 | ••• | — | Motion Record28 Sep 2021 |
| PricewaterhouseCoopers Inc.Monitorperiod 17 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 30 Jun 2021 | ••• | •••7 people | Ninth Report of the Monitor13 Jul 2022 |
| RSM Canada LimitedReceiverperiod 1 of 9 on this matter | O2 Industries Inc.Ontario · Receivership (court-appointed) · closed | to 30 Jun 2021Soughtcumulative | ••• | ••• | Second Report of the Receiver7 Feb 2022 |
| MNP Ltd.Receiverperiod 2 of 2 on this matter | Ronsons Shoe Stores Ltd.British Columbia · Receivership (court-appointed) · closed | 1 Apr 2020 – 30 Jun 2021cumulative | ••• | —5 people | Second and Final Receiver's Report1 Sep 2021 |
| KSV Restructuring Inc.Monitorperiod 15 of 37 on this matter | Urbancorp GroupOntario · CCAA | to 30 Jun 2021 | ••• | •••2 people | Forty-Eighth Report of the Monitor23 Aug 2021 |
| MNP Ltd.Receiverperiod 2 of 2 on this matter | Wingsum International Trading Inc. and Wingsum Food Inc.British Columbia · Receivership (court-appointed) · closed | 1 May 2020 – 30 Jun 2021cumulative | ••• | — | Second and Final Report of the Receiver9 Aug 2021 |
| Alvarez & Marsal Canada Inc.Liquidator | Novelion Therapeutics Inc.British Columbia · Winding-up (provincial) · closed | 9 Sep 2019 – 30 Jun 2021cumulative | ••• | — | Third Report of the Liquidator29 Jul 2021 |
| Norton Rose Fulbright Canada LLPCounsel, client not stated | Novelion Therapeutics Inc.British Columbia · Winding-up (provincial) · closed | 2 Dec 2019 – 30 Jun 2021cumulative | ••• | — | Third Report of the Liquidator29 Jul 2021 |
| (firm not named)Capacity not statedfirm not named in the headingperiod 1 of 2 on this matter | The Kami Mine Limited Partnership, Kami General Partner Limited and Alderon Iron Ore Corp.Newfoundland and Labrador · Receivership (court-appointed) | 8 Jun 2020 – 30 Jun 2021cumulative | ••• | — | Interlocutory Application, filed July 19,…19 Jul 2021 |
| Deloitte Restructuring Inc.Receiver | The Kami Mine Limited Partnership, Kami General Partner Limited and Alderon Iron Ore Corp.Newfoundland and Labrador · Receivership (court-appointed) | to 30 Jun 2021cumulative | ••• | — | Second Report of the Court Appointed…16 Jul 2021 |
| McInnes CooperCapacity not stated | The Kami Mine Limited Partnership, Kami General Partner Limited and Alderon Iron Ore Corp.Newfoundland and Labrador · Receivership (court-appointed) | to 30 Jun 2021cumulative | ••• | — | Second Report of the Court Appointed…16 Jul 2021 |
| Ernst & Young Inc.Monitorperiod 13 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 29 May – 2 Jul 2021 | ••• | •••5 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
| (firm not named)Counsel, client not statedfirm not named in the heading | Ronsons Shoe Stores Ltd.British Columbia · Receivership (court-appointed) · closed | 3 Apr 2020 – 6 Jul 2021cumulative | ••• | —10 people | Second and Final Receiver's Report1 Sep 2021 |
| Davies Ward Phillips & Vineberg LLPMonitor's counselperiod 6 of 30 on this matter | Urbancorp GroupOntario · CCAA | 2 Jun – 8 Jul 2021 | ••• | •••2 people | Forty-Eighth Report of the Monitor23 Aug 2021 |
| Albert Gelman Inc.Proposal trusteeperiod 2 of 3 on this matter | Drexler Construction Limited, Folmur Construction (2004) Ltd. and Down Under Pipe and Cable Locating Ltd.Ontario · Proposal | 11 May – 9 Jul 2021Sought | ••• | •••4 people | Third Report of the Proposal Trustee dated…13 Jul 2021 |
| Deloitte Restructuring Inc.Receiver | Certus Automotive GroupOntario · Receivership (court-appointed) · closed | 25 Jun – 23 Jul 2021 | ••• | •••5 people | First Report of the Receiver6 Aug 2021 |
| Deloitte Restructuring Inc.Receiverperiod 2 of 2 on this matter | Toolplas Systems Inc.Ontario · Receivership (court-appointed) · closed | 1 Jun – 31 Jul 2021 | ••• | •••11 people | Third Report of the Receiver24 Oct 2022 |
| PricewaterhouseCoopers Inc.Monitorperiod 18 of 29 on this matter | GFA WorldOntario · CCAA · closed | to 31 Jul 2021 | ••• | •••6 people | Ninth Report of the Monitor13 Jul 2022 |
| RSM Canada LimitedReceiverperiod 2 of 9 on this matter | O2 Industries Inc.Ontario · Receivership (court-appointed) · closed | 1 Jul – 31 Jul 2021 | ••• | •••5 people | Motion Record of the Receiver25 Feb 2022 |
| KSV Restructuring Inc.Proposal trusteeperiod 1 of 3 on this matter | Claireville Property Holdings Inc.Ontario · Receivership (court-appointed) · closed | 30 Jun – 31 Jul 2021 | ••• | •••3 people | Motion Record of the Proposal Trustee15 Sep 2021 |
| Cassels Brock & Blackwell LLPReceiver's counselperiod 1 of 3 on this matter | Randhawa Group of CompaniesOntario · Receivership (court-appointed) · closed | to 31 Jul 2021Soughtcumulative | — | ••• | Fourth Report of the Receiver8 Sep 2021 |
| KSV Restructuring Inc.Receiverperiod 1 of 2 on this matter | Randhawa Group of CompaniesOntario · Receivership (court-appointed) · closed | to 31 Jul 2021Soughtcumulative | — | — | Fourth Report of the Receiver8 Sep 2021 |
| KSV Restructuring Inc.Monitorperiod 2 of 2 on this matter | RGN-National Business Centers, LLCOntario · CCAA · closed | 1 Aug 2020 – 31 Jul 2021cumulative | ••• | ••• | Fourth report of the CCAA Monitor26 Aug 2021 |
| Davies Ward Phillips & Vineberg LLPMonitor's counselperiod 7 of 30 on this matter | Urbancorp GroupOntario · CCAA | 7 Jul – 31 Jul 2021 | ••• | •••8 people | Forty-Eighth Report of the Monitor23 Aug 2021 |
| Dentons Canada LLPReceiver's counsel | Certus Automotive GroupOntario · Receivership (court-appointed) · closed | 18 Jun – 31 Jul 2021cumulative | ••• | •••6 people | First Report of the Receiver6 Aug 2021 |
| FTI Consulting Canada Inc.Monitorperiod 6 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | 1 Jun – 8 Aug 2021 | — | ••• | Sixth Report of the Monitor27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 7 of 9 on this matter | FIGR Brands, Inc.Ontario · CCAA · closed | to 15 Aug 2021 | ••• | •••5 people | Seventh Report of the Monitor27 Jan 2022 |
| Ernst & Young Inc.Monitorperiod 14 of 17 on this matter | Northern Pulp Nova Scotia Corporation et alBritish Columbia · CCAA | 3 Jul – 20 Aug 2021 | ••• | •••6 people | Filed Affidavit #2 of Holly Palmer -…20 Oct 2021 |
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.