Financial mediation typically costs between $150-500 per hour in Canada, with most cases requiring 3-8 hours total
Financial mediation offers a cost-effective alternative to traditional litigation, with fees varying based on several factors:
- Mediator’s experience and qualifications
- Complexity of financial issues being discussed
- Duration and number of sessions required
- Location and type of service (in-person vs. virtual)
Many mediators offer flexible payment options and some provide initial consultations at no cost. Compared to court proceedings, which can cost tens of thousands of dollars, mediation typically represents significant savings while allowing parties to maintain control over the resolution process.