NAICS CanadaCanadian Industry

NAICS Canada 523910Miscellaneous intermediation

Canadian Industry · North American Industry Classification System (Canada) (2022 v1.0)

Where 523910 sits

  1. 52 Finance and insurance
  2. 523 Securities, commodity contracts, and other financial investment and related activities
  3. 5239 Other financial investment activities
  4. 52391 Miscellaneous intermediation
  5. 523910 Miscellaneous intermediation

Description

This Canadian industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling of financial contracts, generally on a spread basis. Principals are investors that buy or sell for their own account. This industry also covers legal entities, often referred to as personal holding companies, set up primarily for the purpose of holding, in a generally passive manner, the wealth of an individual or a family.

Example activities

  • companies established to hold the wealth of an individual or a family
  • investment clubs
  • investment holding company
  • land speculation
  • oil royalty dealing (acting as principals)
  • personal corporation, holding securities
  • syndicates, investment
  • venture capital companies
  • bare trustee
  • buying income tax refunds
  • companies established to hold the wealth of an individual or a family
  • dealing (i.e., minerals, oil or gas royalties or leases, mortgages, tax certificates)
  • gas and oil royalty dealers
  • house flipping services
  • individuals investing in financial contracts on own account
  • investment clubs
  • investment companies investing on own account
  • investment companies, investing in financial contracts
  • investment holding company
  • land speculation
  • mineral royalties or leases, dealing
  • mortgages, buying and selling (rediscounting)
  • oil royalty dealing (acting as principals)
  • personal corporation, holding securities

523910 in other systems

Looking up equivalents…