Proceedings.

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 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 9,084 stated hourly rates, band by band. The bands and their counts are open to everyone.

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551600 of 632 stated rates · KSV Restructuring Inc.
PersonFirmCasePeriodRate Source
Ben LuderKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closedto 31 Jul 2024•••Motion Record of the Receiver dated January 21, 2025 - Part…
Tony TrifunovicKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Jul – 31 Jul 2024•••Sixth Report of the Monitor dated October 23, 2024
Meg OstlingKSV Restructuring Inc.MonitorBioSteelON · closedto 30 Apr 2024•••Sixth Report of the Monitor dated July 24, 2024
Maha ShahKSV Restructuring Inc.ReceiverWallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.AB17 Nov 2023 – 31 Mar 2024•••Fee Affidavit Jason Knight sworn April 10, 2024
Maha ShahKSV Restructuring Inc.MonitorBlack Press Ltd.BC · closed1 Dec 2023 – 25 Mar 2024•••Third Report of the Monitor dated April 5, 2024
Christian VitAll aspects of mandateKSV Restructuring Inc.MonitorChalice Brands Ltd.ON · closed1 Sep 2023 – 18 Jan 2024•••Supplement to Fourth Report of the Monitor dated January…
Christian VitAll aspects of mandateKSV Restructuring Inc.MonitorMagna Gold Corp.ON · closed1 Apr – 31 Oct 2023•••Motion Record of the Monitor returnable November 21, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 May – 31 May 2023•••Seventh Report of the Monitor dated July 13, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Apr – 30 Apr 2023•••Seventh Report of the Monitor dated July 13, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Mar – 31 Mar 2023•••Seventh Report of the Monitor dated July 13, 2023
Christian VitAll aspects of mandateKSV Restructuring Inc.MonitorMagna Gold Corp.ON · closed20 Mar – 31 Mar 2023•••Motion Record of the Monitor returnable November 21, 2023
Christian VitAll aspects of mandateKSV Restructuring Inc.Proposal trusteeMagna Gold Corp.ON · closed21 Feb – 19 Mar 2023•••First Report of the Proposal Trustee dated March 21, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Feb – 28 Feb 2023•••Seventh Report of the Monitor dated July 13, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Jan – 31 Jan 2023•••Seventh Report of the Monitor dated July 13, 2023
Murtaza TalitCreditor issuesKSV Restructuring Inc.Proposal trusteeForme Development Group Inc.ON · closed1 Nov 2020 – 31 Jan 2021•••Motion Record of the Monitor returnable February 25, 2021 -…
Murtaza TallatClaims procedureKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Dec – 31 Dec 2020•••Fourth Report of the Monitor dated June 18, 2021
Murtaza TallatClaims procedureKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Nov – 30 Nov 2020•••Fourth Report of the Monitor dated June 18, 2021
Murtaza TallatCreditor issues, claims processKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Jun – 31 Oct 2020•••Third Report of the Monitor dated March 22, 2021
Murtaza TallatClaims procedureKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Oct – 31 Oct 2020•••Second Report of the Monitor dated November 30, 2020
Murtaza TallatClaims procedureKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Sep – 30 Sep 2020•••Second Report of the Monitor dated November 30, 2020
Murtaza TallatCommunications with stakeholders, cash flow review, etc.KSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Aug – 31 Aug 2020•••Second Report of the Monitor dated November 30, 2020
Esther MannKSV Restructuring Inc.Receiver9265988 Canada Corp.ON1 Apr – 31 Jul 2020•••Motion Record returnable August 11, 2020
Esther MannAssociate · Sale ProcessKSV Restructuring Inc.Receiver9265988 Canada Corp.ONto 31 Jul 2020•••Motion Record returnable August 11, 2020
Murtaza TallatCommunications with stakeholders, cash flow review, etc.KSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Jul – 31 Jul 2020•••Second Report of the Monitor dated November 30, 2020
Esther MannKSV Restructuring Inc.Receiver9265988 Canada Corp.ONto 31 Mar 2020•••Motion Record returnable August 11, 2020
Ben LuderManager · All aspects of mandateKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closed•••Motion Record of the Receiver dated January 21, 2025 - Part…
Jonathan JoffeAll aspects of mandateKSV Restructuring Inc.ReceiverSeaway Travel Centre Ltd.ON · closed•••First Report of the Receiver dated February 13, 2019
Maha ShahKSV Restructuring Inc.ReceiverTowns of Thornbury (2521311 Ontario Inc.)ON · closed•••Motion Record of the Receiver (returnable November 28, 2024)
Noah GoldsteinKSV Restructuring Inc.Receiver3291735 Nova Scotia Limited (Beaufort Avenue, Halifax, Nova Scotia)NS · closed1 Jul 2018 – 19 Dec 2019•••Second Report of the Receiver dated December 19, 2019
Noah GoldsteinKSV Restructuring Inc.Receiver3291735 Nova Scotia Limited (Beaufort Avenue, Halifax, Nova Scotia)NS · closed•••Second Report of the Receiver dated December 19, 2019
Nisan ThurairatnamKSV Restructuring Inc.Receiver1886695 Ontario Inc. fka Brant Instore CorporationON · closed7 Nov 2022 – 31 Aug 2023•••First Report of the Receiver dated September 28, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Dec – 31 Dec 2022•••Second Report of the Monitor dated January 18, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Nov – 30 Nov 2022•••Second Report of the Monitor dated January 18, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Oct – 31 Oct 2022•••Second Report of the Monitor dated January 18, 2023
Christian VitKSV Restructuring Inc.MonitorMJardin Group, Inc.ON · closed1 Jul – 31 Jul 2022•••Third Report of the Monitor dated August 23, 2022
Christian VitKSV Restructuring Inc.MonitorMJardin Group, Inc.ON · closed24 May – 30 Jun 2022•••Third Report of the Monitor dated August 23, 2022
Christian VitKSV Restructuring Inc.ReceiverMJardin Group, Inc.ON · closed1 May – 29 May 2022•••First Report of the Receiver dated June 1, 2022
Christian VitKSV Restructuring Inc.ReceiverMJardin Group, Inc.ON · closed1 Mar – 31 Mar 2022•••First Report of the Receiver dated June 1, 2022
Christian VitAll aspects of mandateKSV Restructuring Inc.ReceiverMJardin Group, Inc.ON · closed•••Seventh Report of the Monitor dated March 29, 2023
Emily KleinKSV Restructuring Inc.ReceiverConvention & Trade Show Electrical Services Ltd.ON · closed1 Dec 2021 – 31 Jan 2022•••Motion Record returnable July 8, 2022
Emily KleinSale processKSV Restructuring Inc.ReceiverConvention & Trade Show Electrical Services Ltd.ON · closed13 Sep 2021 – 31 Jan 2022•••Motion Record returnable July 8, 2022
Emily KleinKSV Restructuring Inc.ReceiverConvention & Trade Show Electrical Services Ltd.ON · closed1 Nov – 30 Nov 2021•••Motion Record returnable July 8, 2022
Emily KleinKSV Restructuring Inc.ReceiverConvention & Trade Show Electrical Services Ltd.ON · closed13 Sep – 31 Oct 2021•••Motion Record returnable July 8, 2022
Emily KleinAssociateKSV Restructuring Inc.Proposal trusteeClaireville Property Holdings Inc.ON · closed1 Aug – 30 Sep 2021•••Third Report of the Proposal Trustee dated October 20, 2021
Emily KleinAssociateKSV Restructuring Inc.Proposal trusteeClaireville Property Holdings Inc.ON · closed30 Jun – 31 Jul 2021•••Motion Record of the Proposal Trustee returnable September…
Andrew GabrielReview of recordsKSV Restructuring Inc.MonitorUrbancorp GroupON1 May – 31 May 2018•••Seventeenth Report of the Monitor dated July 20, 2018
Emily KleinSale processKSV Restructuring Inc.ReceiverConvention & Trade Show Electrical Services Ltd.ON · closed•••Second Report of the Receiver dated June 30, 2022
Emily KleinTasks related to all sections noted above completed by the ReceiverKSV Restructuring Inc.ReceiverXela Enterprises Ltd.ON•••Costs Outline of the Receiver dated March 22, 2022
Prajwol BhandaryKSV Restructuring Inc.MonitorBlack Press Ltd.BC · closed1 Dec 2023 – 25 Mar 2024•••Third Report of the Monitor dated April 5, 2024
Catherine TheriaultKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jun – 30 Jun 2025•••Twelfth Report of the Monitor dated November 20, 2025

What a bill looks likeBenchmarks

Measured across the record

A partner's hour

•••

median of each bill's top standard rate, 2026, over 178 bills; 195 in 2025

The 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
  1. KSV Restructuring Inc.Information officer · Interim receiver · Monitor · Proposal trustee · Receiver · Trustee · 108 matters354
  2. Deloitte Restructuring Inc.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 64 matters191
  3. MNP Ltd.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 96 matters182
  4. FTI Consulting Canada Inc.Information officer · Monitor · Receiver · 49 matters181
  5. Ernst & Young Inc.Information officer · Monitor · Proposal trustee · Receiver · 42 matters136
  6. Cassels Brock & Blackwell LLPCounsel · 45 matters129
  7. BDO Canada LimitedInterim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 68 matters122
  8. Aird & Berlis LLPCounsel · 61 matters103
  9. Alvarez & Marsal Canada Inc.Information officer · Liquidator · Monitor · Proposal trustee · Receiver · 41 matters91
  10. PricewaterhouseCoopers Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 30 matters74
  11. Grant Thornton LimitedInterim receiver · Monitor · Proposal trustee · Receiver · Trustee · 35 matters67
  12. Dentons Canada LLPCounsel · 31 matters62

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.

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.