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.Monitor | Warehouse One Clothing Ltd.Manitoba · CCAA | 3 May – 15 Aug 2026cumulative | ••• | •••3 people | Third Report of the Monitor1 Sep 2026 |
| Alvarez & Marsal Canada Inc.Receiver | Energera Inc. and its affiliatesAlberta · Receivership (court-appointed) | 2 May – 20 Jun 2026Soughtcumulative | ••• | — | Second Report of the Receiver31 Jul 2026 |
| Alvarez & Marsal Canada Inc.Monitorperiod 3 of 3 on this matter | DCL Corporation, et alOntario · CCAA · closed | 29 Mar – 13 Jun 2026 | ••• | •••4 people | Twelfth Report of the Monitor26 Jan 2026 |
| Alvarez & Marsal Canada Inc.Monitorperiod 3 of 3 on this matter | DCL Corporation, et alOntario · CCAA · closed | 18 Jan – 13 Jun 2026Sought | ••• | •••4 people | Twelfth Report of the Monitor26 Jan 2026 |
| Alvarez & Marsal Canada Inc.Receiver | Mortise (Scott Road Residential) Holdings Ltd. et al.British Columbia · Receivership (court-appointed) | 23 Jul 2025 – 30 Apr 2026Soughtcumulative | ••• | — | Second Report of the Receiver13 Jul 2026 |
| Alvarez & Marsal Canada Inc.Monitorperiod 1 of 3 on this matter | DCL Corporation, et alOntario · CCAA · closed | 18 Jan – 28 Mar 2026 | ••• | •••4 people | Twelfth Report of the Monitor26 Jan 2026 |
| Alvarez & Marsal Canada Inc.Monitorperiod 2 of 2 on this matter | Li-Cycle Corp. et al.Ontario · CCAA · closed | 20 Jul – 25 Oct 2025 | — | ••• | Sixth Report of the Monitor31 Oct 2025 |
| Alvarez & Marsal Canada Inc.Monitor | Comark Holdings Inc., Bootlegger Clothing Inc., cleo fashions Inc., and Ricki’s Fashions Inc.Ontario · CCAA · closed | 7 Jan – 26 Apr 2025Sought | — | — | Fourth Report of the Monitor9 May 2025 |
| Alvarez & Marsal Canada Inc.Monitor | Joriki Inc.Ontario · CCAA | 26 Jan – 22 Mar 2025 | — | — | Second Report of the Monitor24 Mar 2025 |
| Alvarez & Marsal Canada Inc.Receiver | Kuang Wan FangBritish Columbia · Receivership (court-appointed) | 21 Oct 2022 – 31 Dec 2024cumulative | ••• | •••5 people | Receiver’s Second Report5 Jun 2025 |
| Alvarez & Marsal Canada Inc.Receiverperiod 10 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Dec – 31 Dec 2024 | ••• | •••3 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Receiverperiod 9 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Nov – 30 Nov 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Receiver | Evoke Developments Ottawa GP Corp. and Evoke Developments Ottawa, LPOntario · Receivership (court-appointed) · closed | to 30 Nov 2024Soughtcumulative | — | ••• | Second Report of the Receiver20 Jan 2025 |
| Alvarez & Marsal Canada Inc.Monitor | Tokyo SmokeOntario · CCAA | 28 Aug – 16 Nov 2024 | ••• | •••5 people | Third Report of the Monitor26 Nov 2024 |
| Alvarez & Marsal Canada Inc.Receiverperiod 8 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Oct – 31 Oct 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Information officer | Coach CanadaOntario · CCAA · closed | 2 Jun – 19 Oct 2024 | — | — | Fourth Report of the Information Officer27 Nov 2024 |
| Alvarez & Marsal Canada Inc.Receiverperiod 7 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Sep – 30 Sep 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Receiverperiod 6 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Aug – 31 Aug 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Receiver | AMC&F Properties Ltd. and Lyncorp Manufacturing Ltd.Alberta · Receivership (court-appointed) · closed | 26 Feb – 31 Aug 2024Soughtcumulative | ••• | — | Second Report of the Receiver24 Sep 2024 |
| Alvarez & Marsal Canada Inc.Receiverperiod 5 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Jul – 31 Jul 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Receiverperiod 4 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Jun – 30 Jun 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 May – 31 May 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 10 on this matter | Quarry Rock Developments (McAllister) Inc. Et AlBritish Columbia · Receivership (court-appointed) · closed | 1 Apr – 30 Apr 2024 | ••• | •••4 people | Second Report of the Receiver21 Jan 2025 |
| Alvarez & Marsal Canada Inc.Monitor | Candesto Enterprises Corp., D3 Infrastructure Services Inc., and Safe Roads Alberta Ltd.Alberta · CCAA · closed | 18 Dec 2023 – 30 Mar 2024Soughtcumulative | ••• | — | Third Report of the Montior |
| Alvarez & Marsal Canada Inc.Monitorperiod 3 of 3 on this matter | Manitoba Clinic Medical Corporation and The Manitoba Clinic Holding Co. Ltd.Manitoba · CCAA · closed | 16 Nov 2023 – 31 Jan 2024Sought | ••• | — | Seventh Report of the Monitor6 Feb 2024 |
| Alvarez & Marsal Canada Inc.Receiver | 17 Bronte Street SouthOntario · Receivership (court-appointed) | 17 Aug 2023 – 6 Jan 2024Sought | ••• | •••3 people | First Receiver’s Report11 Jan 2024 |
| Alvarez & Marsal Canada Inc.Monitor | Mountain Equipment Co-operativeBritish Columbia · CCAA · closed | 14 Sep 2020 – 30 Nov 2023cumulative | ••• | •••10 people | First Affidavit of T. Martin Sworn on…21 Nov 2023 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 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 | 1 Nov 2020 – 31 May 2023Soughtcumulative | ••• | — | Ninth Report of the Receiver12 Jul 2023 |
| Alvarez & Marsal Canada Inc.Monitorperiod 2 of 2 on this matter | SugarBud Craft Growers Corp., Trichome Holdings Corp. and 1800905 Alberta Ltd.Alberta · CCAA · closed | 15 Aug 2022 – 30 Apr 2023cumulative | ••• | — | Fifth Report of the Monitor8 May 2023 |
| Alvarez & Marsal Canada Inc.Monitor | Bed Bath & Beyond CanadaOntario · CCAA · closed | 9 Feb – 22 Apr 2023 | — | ••• | Third Report of the Monitor24 Apr 2023 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 2 on this matter | Alvaro Developers Inc. and Alvaro Limited PartnershipAlberta · Receivership (court-appointed) · closed | 2 Dec 2022 – 31 Mar 2023Sought | ••• | — | Receiver's Second Report (May 2, 2023)2 May 2023 |
| Alvarez & Marsal Canada Inc.Monitorperiod 1 of 2 on this matter | SugarBud Craft Growers Corp., Trichome Holdings Corp. and 1800905 Alberta Ltd.Alberta · CCAA · closed | 15 Aug 2022 – 31 Mar 2023cumulative | ••• | — | Fourth Report of the Monitor26 Apr 2023 |
| Alvarez & Marsal Canada Inc.Monitorperiod 2 of 3 on this matter | Manitoba Clinic Medical Corporation and The Manitoba Clinic Holding Co. Ltd.Manitoba · CCAA · closed | 1 Jan – 31 Mar 2023 | ••• | — | Second Report of the Monitor18 Apr 2023 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 2 on this matter | Alvaro Developers Inc. and Alvaro Limited PartnershipAlberta · Receivership (court-appointed) · closed | 2 Dec 2022 – 28 Feb 2023Sought | ••• | — | First Report of the Receiver (March 21,…21 Mar 2023 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 2 on this matter | The Institute of Wellness and Advanced Aesthetics Ltd., 1608309 Alberta Ltd., Mount Royal Surgical Centre IncAlberta · Receivership (court-appointed) · closed | 27 Jun 2022 – 28 Feb 2023cumulative | ••• | — | Third Report of the Receiver6 Mar 2023 |
| Alvarez & Marsal Canada Inc.Monitorperiod 1 of 3 on this matter | Manitoba Clinic Medical Corporation and The Manitoba Clinic Holding Co. Ltd.Manitoba · CCAA · closed | 19 Nov – 31 Dec 2022Sought | ••• | — | First Report of the Monitor20 Jan 2023 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 2 on this matter | The Institute of Wellness and Advanced Aesthetics Ltd., 1608309 Alberta Ltd., Mount Royal Surgical Centre IncAlberta · Receivership (court-appointed) · closed | 1 Apr – 26 Jun 2022Sought | ••• | — | Second Report of the Receiver27 Jun 2022 |
| Alvarez & Marsal Canada Inc.Capacity not stated | 1178929 Alberta Ltd.Alberta · Court officer · closed | 22 Jul 2021 – 30 Apr 2022Sought | ••• | — | First Report of the Referee5 May 2022 |
| Alvarez & Marsal Canada Inc.Receiverperiod 6 of 6 on this matter | LREIT Holdings 34 CorporationAlberta · Receivership (court-appointed) · closed | 1 Nov 2021 – 28 Feb 2022Sought | ••• | — | Sixth Report (March 30, 2022)30 Mar 2022 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 of 3 on this matter | Greenfire Oil and Gas Ltd. and Greenfire HangingstoneAlberta · NOI · closed | 1 Jun 2021 – 28 Feb 2022Sought | ••• | — | Second Report of the Receiver (March 15,…15 Mar 2022 |
| Alvarez & Marsal Canada Inc.Monitor | McEwan Enterprises Inc.Ontario · CCAA · closed | 24 Sep – 11 Dec 2021 | — | ••• | Monitor's Fourth Report17 Dec 2021 |
| Alvarez & Marsal Canada Inc.Receiverperiod 5 of 6 on this matter | LREIT Holdings 34 CorporationAlberta · Receivership (court-appointed) · closed | 1 Jun – 31 Oct 2021Sought | ••• | — | Fifth Report of the Receiver (November 15,…15 Nov 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 |
| 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 |
| 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 |
| Alvarez & Marsal Canada Inc.Receiverperiod 3 of 3 on this matter | Ceana Development Sunridge Inc.Alberta · Receivership (court-appointed) · closed | 1 Jan – 30 Apr 2021Sought | ••• | — | Seventh Report of the Receiver (May 6, 2021)6 May 2021 |
| Alvarez & Marsal Canada Inc.Proposal trusteeperiod 1 of 3 on this matter | Greenfire Oil and Gas Ltd. and Greenfire HangingstoneAlberta · NOI · closed | 8 Oct 2020 – 29 Mar 2021Soughtcumulative | ••• | — | Tenth Report of the Proposal Trustee1 Apr 2021 |
| Alvarez & Marsal Canada Inc.Receiverperiod 2 of 3 on this matter | Ceana Development Sunridge Inc.Alberta · Receivership (court-appointed) · closed | 1 Nov – 31 Dec 2020Sought | ••• | — | Sixth Report of the Receiver (January 6,…6 Jan 2021 |
| Alvarez & Marsal Canada Inc.Receiver | Family Fitness Inc.Saskatchewan · Receivership (court-appointed) · closed | 7 Oct – 15 Nov 2020 | ••• | — | First Report of the Receiver (November 16,…16 Nov 2020 |
| Alvarez & Marsal Canada Inc.Receiverperiod 1 of 3 on this matter | Ceana Development Sunridge Inc.Alberta · Receivership (court-appointed) · closed | 3 Jul 2019 – 31 Oct 2020Soughtcumulative | ••• | — | Fifth Report of the Receiver (December 2,…2 Dec 2020 |
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.