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 |
|---|---|---|---|---|---|
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 3 on this matter | Voice Construction Ltd., Voice Management Ltd., Earth & Energy Construction Ltd., Voice Holdings Ltd., Voice Construction OPCO ULC, and 2012442 Alberta Ltd.Alberta · Receivership (court-appointed) · closed | 31 Oct 2019 – 31 Oct 2020cumulative | ••• | — | Seventh Report of the Receiver (November…18 Nov 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 9 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 6 Feb – 7 Oct 2020cumulative | ••• | ••• | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 9 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 26 Jul – 7 Oct 2020 | ••• | •••4 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 8 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | 26 Jul – 30 Sep 2020 | ••• | •••2 people | First Report of the Receiver (November 2,…2 Nov 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 2 on this matter | Arres Capital Inc.Alberta · Receivership (court-appointed) · closed | 1 Jul 2019 – 31 Jul 2020 | ••• | — | Fifth Report of the Receiver (August 26,…26 Aug 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 7 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | 22 Mar – 25 Jul 2020 | ••• | •••2 people | First Report of the Receiver (November 2,…2 Nov 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 7 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 28 Jun – 25 Jul 2020 | ••• | •••3 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 6 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 24 May – 27 Jun 2020 | ••• | •••3 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 5 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 19 Apr – 23 May 2020 | ••• | •••4 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 of 6 on this matter | LREIT Holdings 34 CorporationAlberta · Receivership (court-appointed) · closed | 28 Feb 2019 – 30 Apr 2020Approved | ••• | — | Fourth Report of the Receiver (June 28,…28 Jun 2021 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 of 6 on this matter | LREIT Holdings 34 CorporationAlberta · Receivership (court-appointed) · closed | 1 Oct 2019 – 30 Apr 2020Sought | ••• | — | Third Report of the Receiver (June 15, 2020)15 Jun 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 4 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 15 Mar – 18 Apr 2020 | ••• | •••4 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 6 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | 24 Nov 2019 – 21 Mar 2020 | ••• | •••2 people | First Report of the Receiver (November 2,…2 Nov 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 3 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 23 Feb – 14 Mar 2020 | ••• | •••4 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 of 3 on this matter | Ladacor AMS Ltd., Nomads Pipeline Consulting Ltd., and 2367147 Ontario Inc.Alberta · Receivership (court-appointed) · closed | 1 Oct 2019 – 28 Feb 2020Sought | — | — | Sixth Report of the Receiver (March 2, 2020)2 Mar 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 2 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 18 Feb – 22 Feb 2020 | ••• | •••4 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Information officerperiod 1 of 9 on this matter | Pier 1 Imports, Inc.Ontario · Foreign recognition (CCAA) | 6 Feb – 17 Feb 2020 | ••• | •••4 people | Sixth Report of the Information Officer…8 Oct 2020 |
| Alvarez & Marsal Canada Inc.Receiver | Virginia Hills Oil Corp. and Dolomite Energy Inc.Alberta · Receivership (court-appointed) · closed | 1 Feb 2017 – 31 Dec 2019cumulative | — | — | Fifth Report of the Receiver14 Feb 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 5 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | 27 Oct – 23 Nov 2019 | ••• | •••2 people | First Report of the Receiver (November 2,…2 Nov 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 3 on this matter | Voice Construction Ltd., Voice Management Ltd., Earth & Energy Construction Ltd., Voice Holdings Ltd., Voice Construction OPCO ULC, and 2012442 Alberta Ltd.Alberta · Receivership (court-appointed) · closed | 25 Jun – 31 Oct 2019Sought | ••• | — | Sixth Report of the Receiver (December 10,…10 Dec 2019 |
| Alvarez & Marsal Canada Inc.Receiverperiod 4 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | 14 Jul – 26 Oct 2019 | ••• | •••2 people | First Report of the Receiver (November 2,…2 Nov 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 6 on this matter | LREIT Holdings 34 CorporationAlberta · Receivership (court-appointed) · closed | 28 Feb – 30 Sep 2019Soughtcumulative | ••• | — | Second Report of the Receiver of LREIT 34…28 Oct 2019 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 3 on this matter | Ladacor AMS Ltd., Nomads Pipeline Consulting Ltd., and 2367147 Ontario Inc.Alberta · Receivership (court-appointed) · closed | 1 Sep – 30 Sep 2019Sought | ••• | — | Receiver’s Fifth Report (October 25, 2019)25 Oct 2019 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | 9 Dec 2018 – 13 Jul 2019 | ••• | •••2 people | First Report of the Receiver (November 2,…2 Nov 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 2 on this matter | Arres Capital Inc.Alberta · Receivership (court-appointed) · closed | 23 Oct 2017 – 30 Jun 2019cumulative | ••• | — | Fourth Report of the Receiver (August 8,…8 Aug 2019 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 2 on this matter | Sameh Sadek et alOntario · Receivership (court-appointed) · closed | 1 Feb – 30 Jun 2019Sought | — | ••• | Sixth Report of the Receiver23 Jul 2019 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 2 on this matter | Sameh Sadek et alOntario · Receivership (court-appointed) · closed | 7 Sep 2018 – 31 Jan 2019Sought | — | ••• | Third Report of the Receiver11 Sep 2018 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | to 8 Dec 2018 | ••• | •••2 people | First Report of the Receiver (November 2,…2 Nov 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 3 on this matter | Ladacor AMS Ltd., Nomads Pipeline Consulting Ltd., and 2367147 Ontario Inc.Alberta · Receivership (court-appointed) · closed | 18 May – 31 Aug 2018 | ••• | — | First Report of the Receiver (October 2,…2 Oct 2018 |
| Alvarez & Marsal Canada Inc.Receiver | Starke Dominion Ltd.Alberta · Receivership (court-appointed) · closed | 26 Jan – 31 Mar 2018 | ••• | — | First Report of the Receiver18 Apr 2018 |
| Alvarez & Marsal Canada Inc.Information officerperiod 4 of 4 on this matter | ModspaceOntario · Foreign recognition (CCAA) | 29 Jan – 11 Feb 2017 | ••• | •••3 people | Second Report of the Information Officer…21 Feb 2017 |
| Alvarez & Marsal Canada Inc.Information officerperiod 4 of 4 on this matter | ModspaceOntario · Foreign recognition (CCAA) | 12 Dec 2016 – 11 Feb 2017 | ••• | — | Second Report of the Information Officer…21 Feb 2017 |
| Alvarez & Marsal Canada Inc.Information officerperiod 2 of 4 on this matter | ModspaceOntario · Foreign recognition (CCAA) | 8 Jan – 28 Jan 2017 | ••• | •••2 people | Second Report of the Information Officer…21 Feb 2017 |
| Alvarez & Marsal Canada Inc.Monitorperiod 1 of 2 on this matter | Li-Cycle Corp. et al.Ontario · CCAA · closed | — | — | ••• | Fifth Report of the Monitor25 Jul 2025 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | —cumulative | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Information officer | YRC Freight CanadaOntario · CCAA | —Sought | — | — | Seventh Report of the Information Officer3 Dec 2024 |
| Alvarez & Marsal Canada Inc.Monitor | A2A Group of CompaniesAlberta · CCAA | — | — | ••• | Second Report of the Monitor28 Nov 2024 |
| Alvarez & Marsal Canada Inc.Monitor | The MAV GroupOntario · CCAA · closed | — | ••• | ••• | Third Report of the Monitor4 Jun 2024 |
| Alvarez & Marsal Canada Inc.Information officer | Voyager Digital Ltd.Ontario · Foreign recognition (CCAA) · closed | — | — | ••• | Fifth Report of the Information Officer4 Oct 2023 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 8 on this matter | 2423402 Ontario Inc.Ontario · Receivership (court-appointed) · closed | from 6 Dec 2018cumulative | — | ••• | First Report of the Receiver (November 2,…2 Nov 2020 |
| 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 |
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.