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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1,701–1,750 of 9,448 stated rates
PersonFirmCasePeriodRate ▼Source
Michael Pasternackcalled 2000Chaitons LLPReceiver's counselMedical Arts Dispensary of Ottawa (2003) Ltd.ON22 Apr – 31 Jul 2024First Report to the Court dated
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jul – 31 Jul 2024Tenth Report of the Monitor dated May 28, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jul – 31 Jul 2024Tenth Report of the Monitor dated May 28, 2025
Noah GoldsteinKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closedto 31 Jul 2024Motion Record of the Receiver dated January 21, 2025 - Part…
Noah GoldsteinKSV Restructuring Inc.MonitorBioSteelON · closedto 15 Jul 2024Sixth Report of the Monitor dated July 24, 2024
Noah GoldsteinOverall ResponsibilityKSV Restructuring Inc.MonitorBioSteelON · closed1 Mar – 15 Jul 2024Sixth Report of the Monitor dated July 24, 2024
Michael Pasternack(firm not named)Capacity not statedMedical Arts Dispensary of Ottawa (2003) Ltd.ONto 30 Jun 2024First Report to the Court dated
David SieradzkiKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jun – 30 Jun 2024Tenth Report of the Monitor dated May 28, 2025
Noah GoldsteinKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Jun – 30 Jun 2024Tenth Report of the Monitor dated May 28, 2025
David SieradzkiKSV Restructuring Inc.Information officerKidKraft, Inc., Solowave Design Holdings Limited, Solowave Design Inc., Solowave International Inc. and Solowave Design LPON · closed1 Jun – 24 Jun 2024Second Report of the Information Officer dated June 27, 2024
Philip ReynoldsPartnerDeloitte Restructuring Inc.MonitorExpress Gold Refining LtdON · closedto 9 Jun 2024Twenty First Report of the Monitor .pdf
Sarah KeelsPartner, Tax · officers of the court · partnerDeloitte Restructuring Inc.MonitorExpress Gold Refining LtdON · closedto 9 Jun 2024Twenty First Report of the Monitor .pdf
Colin D. BroussonDLA Piper (Canada) LLPMonitor's counselCanWest Aerospace Inc.BC16 Mar 2023 – 31 May 2024Affidavit #1 of Colin Brousson
David SieradzkiKSV Restructuring Inc.Information officerKidKraft, Inc., Solowave Design Holdings Limited, Solowave Design Inc., Solowave International Inc. and Solowave Design LPON · closedto 31 May 2024Second Report of the Information Officer dated June 27, 2024
Philip ReynoldsPartnerDeloitte Restructuring Inc.MonitorExpress Gold Refining LtdON · closedto 26 May 2024Twenty First Report of the Monitor .pdf
Noah GoldsteinKSV Restructuring Inc.MonitorBioSteelON · closedto 30 Apr 2024Sixth Report of the Monitor dated July 24, 2024
Andrew Harmescalled 2017Goodmans LLPCounsel, client not statedHarbour Grace Ocean Enterprises Ltd. and Laurenceton Holdings LtdNL · closed14 Dec 2023 – 19 Apr 2024Supplement to the Fifth Report of the Monitor
Joanna CameronPartner · called 2000Osler, Hoskin & Harcourt LLPMonitor's counselMountain Equipment Co-operativeBC · closed14 Sep 2020 – 30 Nov 2023First Affidavit of M. Buttery Sworn on November 21, 2023
Brandon HodgeMNP Ltd.ReceiverTuruss (Canada) Industry Co., Ltd.ON · closedto 26 Jun 2023Eleventh Report of the Receiver and First Report of the…
Noah GoldsteinKSV Restructuring Inc.MonitorBioSteelON · closedto 31 Mar 2023Sixth Report of the Monitor dated July 24, 2024
Steven Jefferycalled 1984Blaney McMurtry LLPCounsel, client not stated2589504 Ontario Inc.ON1 Sep – 31 Oct 2022Receiver’s Supplemental First Report
Tyler D'Angelocalled 2014Goodmans LLPReceiver's counselMJardin Group, Inc.ON · closed23 Mar – 29 May 2022First Report of the Receiver dated June 1, 2022
Robert KofmanKSV Restructuring Inc.MonitorUrbancorp GroupON1 Dec – 31 Dec 2021Fifty-First Report of the Monitor dated March 22, 2022
Robert KofmanKSV Restructuring Inc.ReceiverConvention & Trade Show Electrical Services Ltd.ON · closed1 Nov – 30 Nov 2021Second Report of the Receiver dated June 30, 2022
Robert KofmanKSV Restructuring Inc.MonitorUrbancorp GroupON1 Oct – 31 Oct 2021Fiftieth Report of the Monitor dated November 22, 2021
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Sep – 31 Oct 2021Sixth Report of the Monitor dated November 10, 2021
Robert KofmanManaging Director · officers of the court · partner · Overall responsibilityKSV Restructuring Inc.MonitorUrbancorp GroupON1 Aug – 31 Oct 2021Fiftieth Report of the Monitor dated November 22, 2021
Robert KofmanKSV Restructuring Inc.ReceiverConvention & Trade Show Electrical Services Ltd.ON · closed13 Sep – 31 Oct 2021Second Report of the Receiver dated June 30, 2022
Robert KofmanKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Sep – 30 Sep 2021Sixth Report of the Monitor dated November 10, 2021
Robert KofmanKSV Restructuring Inc.MonitorUrbancorp GroupON1 Sep – 30 Sep 2021Fiftieth Report of the Monitor dated November 22, 2021
Robert KofmanKSV Restructuring Inc.MonitorUrbancorp GroupON1 Aug – 31 Aug 2021Fiftieth Report of the Monitor dated November 22, 2021
Robert KofmanKSV Restructuring Inc.MonitorUrbancorp GroupONto 30 Jun 2021Forty-Eighth Report of the Monitor dated August 23, 2021
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 May – 31 May 2021Fourth Report of the Monitor dated June 18, 2021
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Apr – 30 Apr 2021Fourth Report of the Monitor dated June 18, 2021
Robert KofmanKSV Restructuring Inc.MonitorUrbancorp GroupONto 30 Apr 2021Forty-Eighth Report of the Monitor dated August 23, 2021
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Mar – 31 Mar 2021Fourth Report of the Monitor dated June 18, 2021
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Feb – 28 Feb 2021Fourth Report of the Monitor dated June 18, 2021
Robert KofmanOverall responsibilityKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Jan – 31 Jan 2021Fourth Report of the Monitor dated June 18, 2021
Robert KofmanOverall responsibilityKSV Restructuring Inc.Proposal trusteeForme Development Group Inc.ON · closed1 Jan – 31 Jan 2021Motion Record of the Monitor returnable February 25, 2021 -…
Jeffrey M. LeeMLT Aikins LLPReceiver's counselSwift Hotels Group Ltd.SK · closed22 Nov 2020 – 22 Jan 2021Third Report of the Receiver .pdf
Alex MorrisonSenior Vice President · officers of the court · partnerErnst & Young Inc.Proposal trusteeFeronia IncBC23 Jul – 18 Sep 20201. An Order extending the time for filing a proposal by…
Daniel FukeFasken Martineau DuMoulin LLPMonitor's counselBeleave Inc.ON15 May – 10 Aug 2020Monitor's Third Report dated August 19, 2020
Manon Jubinvillecalled 1987Dentons Canada LLPReceiver's counselBest Made Toys International, ULC, Best Made Toys LLC, Best Made Toys Global Enterprises Limited and Best Made Toys Holding LLCON · closed17 Apr 2019 – 20 Jul 2020First Report of the Receiver .pdf
Kyla Maharcalled 2001Miller Thomson LLPMonitor's counselNorth American Fur Auctions Inc.ON24 Oct 2019 – 30 Jun 2020Fourth Report of the Monitor .pdf
Jorden SleethPartnerDeloitte Restructuring Inc.MonitorOntario Graphite Ltd.ON · closed27 Jun 2019 – 27 Apr 2020Supplement to the Second Report of the Monitor .pdf
Kevin BeckerPartnerDeloitte Restructuring Inc.MonitorOntario Graphite Ltd.ON · closed27 Jun 2019 – 27 Apr 2020Supplement to the Second Report of the Monitor .pdf
Philip ReynoldsPartnerDeloitte Restructuring Inc.MonitorOntario Graphite Ltd.ON · closed27 Jun 2019 – 27 Apr 2020Supplement to the Second Report of the Monitor .pdf
Anamika GadiaPartnerKPMG Inc.MonitorWalter Energy Canada Holdings, Inc.BC · closed1 May 2018 – 31 Jan 2020First Affidavit of Anamika Gadia, sworn February 24, 2020 -…
Barb LivingstonPartnerKPMG Inc.MonitorWalter Energy Canada Holdings, Inc.BC · closed1 May 2018 – 31 Jan 2020First Affidavit of Anamika Gadia, sworn February 24, 2020 -…
Leanne WilliamsPartner · called 1999Thornton Grout Finnigan LLPCounsel, client not statedBlack Angus Fine Meats & Game Inc., Black AngusFreezer Beef (2005) Ltd., RSV Investments Inc. and SeanDeer Enterprises Ltd.ON · closed16 Nov 2019 – 31 Jan 2020Second Report of the Receiver dated February 19, 2020

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.