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 |
|---|---|---|---|---|---|
| Deloitte Restructuring Inc.Liquidatorperiod 1 of 3 on this matter | Taylor Bros. Farm Ltd. and Edwin Potato Growers Ltd.Manitoba · Winding-up (provincial) · closed | — | — | ••• | Fourth Report of the Liquidator .pdf27 Aug 2018 |
| DLA Piper (Canada) LLPReceiver's counselperiod 1 of 3 on this matter | 2270613 Limited PartnershipOntario · Receivership (court-appointed) · closed | — | — | ••• | Third Report of the Receiver21 Aug 2018 |
| KSV Restructuring Inc.Receiverperiod 1 of 2 on this matter | 2270613 Limited PartnershipOntario · Receivership (court-appointed) · closed | — | — | ••• | Third Report of the Receiver21 Aug 2018 |
| Ogilvie LLPReceiver's counsel | 1287838 Alberta Ltd. Kopala Environmental SerivcesAlberta · Receivership (court-appointed) | —cumulative | ••• | — | Filed Third Report of the Receiver20 Aug 2018 |
| (firm not named)Capacity not statedfirm not named in the headingperiod 1 of 4 on this matter | Nortel Networks CorporationOntario · CCAA | — | — | ••• | The purpose of this One Hundred and Forty…16 Aug 2018 |
| Ernst & Young Inc.Monitorperiod 1 of 11 on this matter | Nortel Networks CorporationOntario · CCAA | — | — | ••• | The purpose of this One Hundred and Forty…16 Aug 2018 |
| Aird & Berlis LLPReceiver's counsel | CFNDRS Inc.Ontario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record26 Jul 2018 |
| SpergelReceiver | CFNDRS Inc.Ontario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record26 Jul 2018 |
| KSV Restructuring Inc.Monitor | Discovery AirCCAA · closed | — | — | ••• | Fifth Report of the Monitor dated July 17,…17 Jul 2018 |
| Goodmans LLPMonitor's counselperiod 1 of 3 on this matter | Discovery AirCCAA · closed | — | ••• | •••12 people | Motion Record22 Jun 2018 |
| Bennett Jones LLPReceiver's counselperiod 1 of 5 on this matter | M.Y. Residential Inc.Ontario · Receivership (court-appointed) · closed | — | ••• | •••13 people | Motion Record30 Apr 2018 |
| KSV Restructuring Inc.Receiver | M.Y. Residential Inc.Ontario · Receivership (court-appointed) · closed | — | ••• | •••2 people | Motion Record30 Apr 2018 |
| DLA Piper (Canada) LLPCounsel, client not statedperiod 1 of 4 on this matter | Urbancorp GroupOntario · CCAA | — | — | ••• | Twenty-Fourth Report of the Monitor24 Apr 2018 |
| WeirFouldsApplicant's counselperiod 1 of 4 on this matter | Urbancorp GroupOntario · CCAA | — | — | ••• | Twenty-Fourth Report of the Monitor24 Apr 2018 |
| Bennett Jones LLPTrustee's counsel | Textbook (445 Princess Street) Inc.Ontario · Receivership (court-appointed) | — | ••• | •••13 people | Motion Record of the Receiver20 Apr 2018 |
| Bennett Jones LLPTrustee's counsel | TIER 1 MORTGAGESOntario · Receivership (court-appointed) | — | — | ••• | Motion Record of the Receiver returnable…20 Apr 2018 |
| KSV Restructuring Inc.Receiverperiod 1 of 4 on this matter | Textbook (445 Princess Street) Inc.Ontario · Receivership (court-appointed) | — | ••• | •••2 people | Motion Record of the Receiver20 Apr 2018 |
| KSV Restructuring Inc.Receiver | TIER 1 MORTGAGESOntario · Receivership (court-appointed) | — | — | ••• | Motion Record of the Receiver returnable…20 Apr 2018 |
| (firm not named)Receiver's counselfirm not named in the heading | OFE Management Inc.Ontario · Receivership (court-appointed) · closed | — | — | — | Motion Record - Returnable April 6, 2018 -…6 Apr 2018 |
| Aird & Berlis LLPReceiver's counsel | Fast Track Alliance (2399295 Ontario Inc.)Ontario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record Returnable23 Feb 2018 |
| MSI Spergel Inc.Receiver | Fast Track Alliance (2399295 Ontario Inc.)Ontario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record Returnable23 Feb 2018 |
| (firm not named)Receiverfirm not named in the heading | 2380009 Ontario LimitedOntario · Receivership (court-appointed) · closed | — | ••• | •••4 people | Second Supplemental Report to Fourth Report…29 Nov 2017 |
| (firm not named)Capacity not statedfirm not named in the heading | 2177427 Ontario LimitedOntario · Receivership (court-appointed) · closed | — | ••• | ••• | Motion Record14 Nov 2017 |
| Bennett Jones LLPReceiver's counsel | Scollard Development CorporationOntario · Receivership (court-appointed) | —Sought | ••• | •••2 people | Cost submission of KSV Kofman Inc.1 Nov 2017 |
| Cassels Brock & Blackwell LLPReceiver's counsel | DragonWave Inc.Ontario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record6 Oct 2017 |
| KSV Restructuring Inc.Receiver | DragonWave Inc.Ontario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record6 Oct 2017 |
| Bennett Jones LLPReceiver's counselperiod 1 of 3 on this matter | Generx (Byward Hall) Inc.Ontario · Receivership (court-appointed) · closed | — | ••• | •••6 people | First Report of the Receiver5 Oct 2017 |
| (firm not named)Capacity not statedfirm not named in the heading | DragonWave Inc.Ontario · Receivership (court-appointed) · closed | — | — | ••• | Second Report of the Receiver29 Sep 2017 |
| Cassels Brock & Blackwell LLPMonitor's counselperiod 1 of 2 on this matter | 2473304 Ontario IncOntario · CCAA · closed | — | — | — | Fourth report of Richter Advisory Group…12 Jul 2017 |
| Ernst & Young Inc.Monitorperiod 1 of 10 on this matter | 8640025 Canada Inc and Teliphone Data Centers IncBritish Columbia · CCAA | — | ••• | •••5 people | V - Fees EY Monitor Invoices7 Jul 2017 |
| MLT Aikins and Agent CounselsCapacity not stated | 8640025 Canada Inc and Teliphone Data Centers IncBritish Columbia · CCAA | — | ••• | — | Z - Fees MLT Aikins and Agent Counsels…7 Jul 2017 |
| Deloitte & Touche Inc.Receiver | Rose of Sharon (Ontario) Retirement CommunityOntario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record returnable May 31, 2017…31 May 2017 |
| Aird & Berlis LLPReceiver's counsel | Property - 2292319 Ontario Inc.Ontario · Receivership (court-appointed) | — | — | ••• | Motion Record of the Receiver returnable –…29 May 2017 |
| Cassels Brock & Blackwell LLPTrustee's counselperiod 1 of 4 on this matter | Maple Financial Group Inc. and Maple Futures Corp.Ontario · Bankruptcy · closed | from 25 Jan 2017 | ••• | •••4 people | Motion Record of the Trustee (Motion…23 May 2017 |
| Deloitte Restructuring Inc.Trustee | Maple Financial Group Inc. and Maple Futures Corp.Ontario · Bankruptcy · closed | —cumulative | ••• | •••17 people | Motion Record of the Trustee (Motion…23 May 2017 |
| Aird & Berlis LLPCounsel, client not stated | Omega Lift Manufacturing et alOntario · Receivership (court-appointed) · closed | — | ••• | •••10 people | Motion Record17 May 2017 |
| KSV Restructuring Inc.Receiverperiod 1 of 2 on this matter | Omega Lift Manufacturing et alOntario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record17 May 2017 |
| Bennett Jones LLPCounsel, client not statedperiod 1 of 3 on this matter | Twin Butte Energy LtdAlberta · Receivership (court-appointed) · closed | — | — | •••3 people | Affidavit of Mike Maguire filed April 19,…18 Apr 2017 |
| (firm not named)Counsel, client not statedfirm not named in the heading | Tuscany Energy Ltd.Saskatchewan · Receivership (court-appointed) · closed | from 30 Jun 2016cumulative | ••• | — | 1 Receivers Second Report - Tuscany - Feb…23 Feb 2017 |
| Grant Thornton LimitedReceiver | Tuscany Energy Ltd.Saskatchewan · Receivership (court-appointed) · closed | from 30 Jun 2016cumulative | ••• | — | 1 Receivers Second Report - Tuscany - Feb…23 Feb 2017 |
| Alvarez & Marsal Canada Inc.Information officerperiod 1 of 4 on this matter | ModspaceOntario · Foreign recognition (CCAA) | — | ••• | •••3 people | Second Report of the Information Officer…21 Feb 2017 |
| Torys LLPCounsel, client not statedperiod 1 of 4 on this matter | ModspaceOntario · Foreign recognition (CCAA) | — | — | •••3 people | Second Report of the Information Officer…21 Feb 2017 |
| Richter Inc.Receiverperiod 1 of 2 on this matter | Graf Canada LtdAlberta · Receivership (court-appointed) · closed | —cumulative | ••• | — | First Report of Richter Advisory Group…8 Dec 2016 |
| Richter Inc.Receiverperiod 1 of 2 on this matter | JSN Jewellery IncOntario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record of Richter Advisory Group…1 Dec 2016 |
| Borden Ladner Gervais LLPCounsel, client not stated | Urbancorp GroupOntario · CCAA | — | — | ••• | Ninth Report of the Monitor11 Nov 2016 |
| Collins Barrow Toronto LimitedMonitorperiod 1 of 12 on this matter | Martin Ross Group Inc.Ontario · CCAA · closed | — | ••• | •••2 people | Motion Record of Martin Ross Group Inc.…31 Oct 2016 |
| (firm not named)Receiverfirm not named in the heading | Omega Lift Manufacturing et alOntario · Receivership (court-appointed) · closed | — | — | ••• | Motion Record26 Oct 2016 |
| A&BReceiver | Omega Lift Manufacturing et alOntario · Receivership (court-appointed) · closed | — | — | ••• | Second Report to Court18 Oct 2016 |
| Goodmans LLPInformation officer's counselperiod 1 of 2 on this matter | Horsehead HoldingsOntario · Foreign recognition (CCAA) · closed | — | ••• | •••5 people | Motion Record (Approval of Information…15 Sep 2016 |
| Richter Inc.Information officer | Horsehead HoldingsOntario · Foreign recognition (CCAA) · closed | —cumulative | ••• | •••5 people | Motion Record (Approval of Information…15 Sep 2016 |
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.