Proceedings.

What the professionals charged

3,717 bills from 196 firms on 874 matters · 9,448 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 9,448 stated hourly rates, band by band. The bands and their counts are open to everyone.

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551–600 of 650 stated rates · KSV Restructuring Inc.
PersonFirmCasePeriodRate ▼Source
Jonathan JoffeAll aspects of mandateKSV Restructuring Inc.ReceiverHolistic BlendON · closed1 Nov – 30 Nov 2019Motion Record of the Receiver returnable February 2, 2022
Jonathan JoffeAll aspects of mandateKSV Restructuring Inc.ReceiverHolistic BlendON · closedto 30 Nov 2019Second Report of the Receiver dated January 24, 2022
Jonathan JoffeAll aspects of mandateKSV Restructuring Inc.ReceiverHolistic BlendON · closed1 Sep – 31 Oct 2019First Report of the Receiver December 18, 2019
Jonathan JoffeAll aspects of mandateKSV Restructuring Inc.ReceiverHolistic BlendON · closed12 Jun – 31 Jul 2019First Report of the Receiver December 18, 2019
Jonathan JoffeKSV Restructuring Inc.MonitorUrbancorp GroupONto 31 Mar 2019Twenty-First Report of the Monitor dated April 24, 2019
Jonathan JoffeSenior Manager · officers of the court · director · Email reviewKSV Restructuring Inc.MonitorUrbancorp GroupON1 Jan – 31 Mar 2019Twenty-First Report of the Monitor dated April 24, 2019
Jordan WongKSV Restructuring Inc.MonitorUrbancorp GroupON—Forty-Eighth Report of the Monitor dated August 23, 2021
Maha ShahManagerKSV Restructuring Inc.ReceiverAxiom Real Time Metrics Inc.ON—Motion Record of the Receiver returnable February 27, 2026
Ben LuderManager · All aspects of mandateKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closedto 31 Dec 2024Second Report of the Receiver dated January 21, 2025
Martin KosicKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Dec – 31 Dec 2024Tenth Report of the Monitor dated May 28, 2025
Ben LuderKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closedto 30 Nov 2024Motion Record of the Receiver dated January 21, 2025 - Part…
Maha ShahKSV Restructuring Inc.ReceiverTowns of Thornbury (2521311 Ontario Inc.)ON · closed1 Oct – 31 Oct 2024Second Report of the Receiver dated November 14, 2024
Ben LuderKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closed1 Aug – 30 Sep 2024Motion Record of the Receiver dated January 21, 2025 - Part…
Maha ShahKSV Restructuring Inc.ReceiverTowns of Thornbury (2521311 Ontario Inc.)ON · closed1 Sep – 30 Sep 2024Motion Record of the Receiver dated November 14, 2024
Maha ShahKSV Restructuring Inc.ReceiverTowns of Thornbury (2521311 Ontario Inc.)ON · closed1 Aug – 30 Sep 2024Second Report of the Receiver dated November 14, 2024
Tony TrifunovicManagerKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Jul – 30 Sep 2024Sixth Report of the Monitor dated October 23, 2024
Maha ShahKSV Restructuring Inc.ReceiverTowns of Thornbury (2521311 Ontario Inc.)ON · closed1 Aug – 31 Aug 2024Motion Record of the Receiver dated November 14, 2024
Ben LuderKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closedto 31 Jul 2024Motion Record of the Receiver dated January 21, 2025 - Part…
Tony TrifunovicKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Jul – 31 Jul 2024Sixth Report of the Monitor dated October 23, 2024
Meg OstlingKSV Restructuring Inc.MonitorBioSteelON · closedto 30 Apr 2024Sixth 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 2024Fee Affidavit Jason Knight sworn April 10, 2024
Maha ShahKSV Restructuring Inc.MonitorBlack Press Ltd.BC · closed1 Dec 2023 – 25 Mar 2024Third Report of the Monitor dated April 5, 2024
Christian VitAll aspects of mandateKSV Restructuring Inc.MonitorChalice Brands Ltd.ON · closed1 Sep 2023 – 18 Jan 2024Supplement to Fourth Report of the Monitor dated January…
Christian VitAll aspects of mandateKSV Restructuring Inc.MonitorMagna Gold Corp.ON · closed1 Apr – 31 Oct 2023Motion Record of the Monitor returnable November 21, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Jun – 30 Jun 2023Seventh Report of the Monitor dated July 13, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 May – 31 May 2023Seventh Report of the Monitor dated July 13, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Apr – 30 Apr 2023Seventh Report of the Monitor dated July 13, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Mar – 31 Mar 2023Seventh Report of the Monitor dated July 13, 2023
Christian VitAll aspects of mandateKSV Restructuring Inc.MonitorMagna Gold Corp.ON · closed20 Mar – 31 Mar 2023Motion Record of the Monitor returnable November 21, 2023
Christian VitAll aspects of mandateKSV Restructuring Inc.Proposal trusteeMagna Gold Corp.ON · closed21 Feb – 19 Mar 2023First Report of the Proposal Trustee dated March 21, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Feb – 28 Feb 2023Seventh Report of the Monitor dated July 13, 2023
Christian VitKSV Restructuring Inc.MonitorPure Gold Mining Inc.BC · closed1 Jan – 31 Jan 2023Seventh Report of the Monitor dated July 13, 2023
Murtaza TalitCreditor issuesKSV Restructuring Inc.Proposal trusteeForme Development Group Inc.ON · closed1 Nov 2020 – 31 Jan 2021Motion 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 2020Fourth 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 2020Fourth 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 2020Third 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 2020Second 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 2020Second 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 2020Second Report of the Monitor dated November 30, 2020
Esther MannKSV Restructuring Inc.Receiver9265988 Canada Corp.ON1 Apr – 31 Jul 2020Second Report of the Receiver dated August 5, 2020
Esther MannAssociate · Sale ProcessKSV Restructuring Inc.Receiver9265988 Canada Corp.ONto 31 Jul 2020Second Report of the Receiver dated August 5, 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 2020Second Report of the Monitor dated November 30, 2020
Esther MannKSV Restructuring Inc.Receiver9265988 Canada Corp.ONto 31 Mar 2020Second Report of the Receiver dated August 5, 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
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 dated November 14, 2024
Noah GoldsteinKSV Restructuring Inc.Receiver3291735 Nova Scotia Limited (Beaufort Avenue, Halifax, Nova Scotia)NS · closed1 Jul 2018 – 19 Dec 2019Second 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 2023First Report of the Receiver dated September 28, 2023

What a bill looks likeBenchmarks

Measured across the record

A partner's hour

median of each bill's top standard rate, 2026, over 201 bills; 200 in 2025

The blended rate, stated

median of the average hourly rates filings state outright, counsel, over 1,011 bills. A further 75 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 (238), 5-9 years (163), 10-19 years (223), 20+ years (270)

Where the rates are

3,717 bills

monitor 598 · receiver 1,023 · interim receiver 36 · trustee 63 · …

Who bills these estatesWho bills

Named in the filings
  1. KSV Restructuring Inc.Information officer · Interim receiver · Monitor · Proposal trustee · Receiver · Trustee · 109 matters370
  2. Deloitte Restructuring Inc.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 65 matters191
  3. FTI Consulting Canada Inc.Information officer · Monitor · Receiver · 49 matters185
  4. MNP Ltd.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 98 matters183
  5. Cassels Brock & Blackwell LLPCounsel · 47 matters148
  6. Ernst & Young Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 44 matters143
  7. BDO Canada LimitedInterim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 70 matters128
  8. Aird & Berlis LLPCounsel · 64 matters112
  9. Alvarez & Marsal Canada Inc.Information officer · Liquidator · Monitor · Proposal trustee · Receiver · 41 matters93
  10. PricewaterhouseCoopers Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 32 matters79
  11. Dentons Canada LLPCounsel · 32 matters78
  12. Fasken Martineau DuMoulin LLPCounsel · 33 matters76

Bills, counted one per firm per period however many filings restate it. 196 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.