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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1,0511,100 of 9,084 stated rates
PersonFirmCasePeriodRate Source
Stephanie Ben-IshaiDavies Ward Phillips & Vineberg LLPMonitor's counselUrbancorp GroupON1 Apr – 30 Apr 2022•••Fifty-Second Report of the Monitor dated July 20, 2022
Steven WeiszCozen O'ConnorReceiverWynn Realty CorporationON•••Supplement to the First Report of the Receiver dated March…
Sanjeev P. Mitracalled 1996Aird & Berlis LLPReceiver's counsel1160 Cranberry Investments GP Inc., and 1160 Cranberry Investments LP.ON · closed•••Further Supplementary Motion Record - Receiver - 11-MAR-2025
Edmund YauSenior Manager · officers of the court · director · CCAA Administration / Distribution / 4th Estate/ Claims Resolution / Tax ReportingErnst & Young Inc.MonitorNortel Networks CorporationON30 Oct 2021 – 28 Oct 2022•••Passing of the Accounts of the Monitor and its Counsel for…
Lee CloseSenior Manager · officers of the court · director · CCAA Administration / DistributionErnst & Young Inc.MonitorNortel Networks CorporationON30 Oct 2021 – 28 Oct 2022•••Passing of the Accounts of the Monitor and its Counsel for…
Brent BeekenkampAssociate Partner · officers of the court · partner · CCAA Administration / Distribution / 4th Estate/ Claims Resolution / Tax ReportingErnst & Young Inc.MonitorNortel Networks CorporationON1 Sep 2020 – 31 Oct 2021•••Motion Record Passing of Accounts
Brent BeekenkampAssociate Partner · officers of the court · partner · CCAA Administration / Distribution / 4th Estate/ Claims Resolution / Tax ReportingErnst & Young Inc.MonitorNortel Networks CorporationON29 Aug 2020 – 29 Oct 2021•••Supplemental Motion Record of the Monitor
Karen Galperncalled 1993Norton Rose Fulbright Canada LLPMonitor's counselNelson Education Holdings Ltd.ON · closed29 May – 26 Jul 2015•••Motion Record (Approval of Fees and Activities, returnable…
Thomas Gertnercalled 2015Gowling WLG (Canada) LLPTrustee's counselThe Podcast Exchange Inc.ON•••Third Report of the Proposal Trustee dated October 29, 2025
Marlin Horstcalled 1989Cassels Brock & Blackwell LLPCounsel, client not statedCrystallex International CorporationON27 Feb – 30 Mar 2013•••Motion Record (returnable August 6, 2013)
Sanjeev P. Mitracalled 1996Aird & Berlis LLPReceiver's counsel2039882 Ontario Limited o/a Shelter CoveON · closedto 21 Jan 2025•••Motion Record of the Receiver
Mitch VininskyManaging Director · officers of the court · partner · Overall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Dec 2025 – 30 Apr 2026•••Fourth Report of the Monitor dated May 8, 2026
Jasmine LandauAdvocacy & EmploymentMcMillan LLPMonitor's counselSynaptive Medical Inc.ONto 30 Apr 2026•••Motion Record (Motion for Fee Approval, returnable June 10,…
Noah GoldsteinKSV Restructuring Inc.Receiver1069016 B.C. Ltd. and 1183011 B.C. Ltd.BC · closed6 May 2025 – 31 Mar 2026•••Affidavit #1 of Noah Goldstein made April 28, 2026
Tyler D'Angelocalled 2014Goodmans LLPMonitor's counselNortel Networks CorporationON1 Sep 2024 – 31 Dec 2025•••Motion Record Ninth Fee Approval
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 31 Dec 2025•••Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Mitch VininskyOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Dec – 31 Dec 2025•••Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Dec – 31 Dec 2025•••Fourth Report of the Monitor dated May 8, 2026
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 31 Dec 2025•••Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Noah GoldsteinKSV Restructuring Inc.MonitorSandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.ONto 31 Dec 2025•••Fourth Report of the Monitor dated January 20, 2026
Noah GoldsteinKSV Restructuring Inc.MonitorAYR Wellness Inc.BC · closedto 30 Nov 2025•••Affidavit of Noah Goldstein sworn July 10, 2026
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Oct – 31 Oct 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Oct – 31 Oct 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorSandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.ONto 31 Oct 2025•••Fourth Report of the Monitor dated January 20, 2026
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Capacity not statedOak and Fort Corp. et al.BC1 Oct – 31 Oct 2025•••Affidavit No. 1 of Noah Goldstein made December 23, 2025
Craig MunroManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverMann FarmsBC · closed1 Mar 2024 – 30 Sep 2025•••Affidavit 1 of Tom Powell
Michael ClarkManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverManna Industrial FundBC · closedto 30 Sep 2025•••Affidavit #1 of T. Powell
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Sep – 30 Sep 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Sep – 30 Sep 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinManaging Director · officers of the court · partner · Overall responsibilityKSV Restructuring Inc.Receiver1046089 B.C. Ltd.BC · closed1 May – 30 Sep 2025•••First Report of the Receiver dated November 20, 2025
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Capacity not statedOak and Fort Corp. et al.BC1 Sep – 30 Sep 2025•••Affidavit No. 1 of Noah Goldstein made December 23, 2025
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Aug – 31 Aug 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Aug – 31 Aug 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Capacity not statedOak and Fort Corp. et al.BC1 Aug – 31 Aug 2025•••Affidavit No. 1 of Noah Goldstein made December 23, 2025
Craig MunroManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverInca One Gold Corp.BC · closedto 31 Jul 2025•••Second Report of the Receiver
Michael ClarkManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverInca One Gold Corp.BC · closedto 31 Jul 2025•••Second Report of the Receiver
Michael ClarkManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverMann FarmsBC · closed1 Jul – 31 Jul 2025•••Affidavit 1 of Tom Powell
Michael ClarkManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverManna Industrial FundBC · closedto 31 Jul 2025•••Affidavit #1 of T. Powell
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jul – 31 Jul 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jul – 31 Jul 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Capacity not statedOak and Fort Corp. et al.BC9 Jul – 31 Jul 2025•••Affidavit No. 1 of Noah Goldstein made December 23, 2025
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Capacity not statedOak and Fort Corp. et al.BC25 Jun – 8 Jul 2025•••Affidavit No. 1 of Noah Goldstein made December 23, 2025
Craig MunroManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverMann FarmsBC · closed1 Jun – 30 Jun 2025•••Affidavit 1 of Tom Powell
Michael ClarkManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverManna Industrial FundBC · closedto 30 Jun 2025•••Affidavit #1 of T. Powell
Michael ClarkManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverMann FarmsBC · closed1 Jun – 30 Jun 2025•••Affidavit 1 of Tom Powell
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jun – 30 Jun 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jun – 30 Jun 2025•••Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinOverall responsibilityKSV Restructuring Inc.Capacity not statedOak and Fort Corp. et al.BCto 24 Jun 2025•••Affidavit No. 1 of Noah Goldstein made December 23, 2025
Michael ClarkManaging Director · officers of the court · partnerFTI Consulting Canada Inc.ReceiverManna Industrial FundBC · closedto 31 May 2025•••Affidavit #1 of T. Powell
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 May – 31 May 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.