Variant of NAICS 1997 - Labour Force Survey (LFS) Industries

7 - Services-Producing Sector

10 - Finance, Insurance, Real Estate and Leasing

53 - Real Estate and Rental and Leasing

This sector comprises establishments primarily engaged in renting, leasing or otherwise allowing the use of tangible or intangible assets. Establishments primarily engaged in managing real estate for others; selling, renting and/or buying of real estate for others; and appraising real estate, are also included.

532 - Rental and Leasing Services

This subsector comprises establishments primarily engaged in renting or leasing tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic payment.

The subsector includes two main types of establishments:

*those that are engaged in renting consumer goods and equipment; and
*those that are engaged in leasing machinery and equipment of the kind often used for business operations.

The first type typically operates from a retail-like or store-front facility and maintains inventories of goods that are rented for short periods of time.

The latter type typically does not operate from retail-like locations or maintain inventories, and offers longer-term leases. These establishments work directly with clients by providing or arranging financing to enable them to acquire the use of equipment on a lease basis; or they work with equipment vendors or dealers to support the marketing of equipment to their customers under lease arrangements. Equipment lessors generally structure lease contracts to meet the specialized needs of their clients and use their remarketing expertise to find other users for previously leased equipment. Establishments that provide operating and financial leases are included in this subsector.

  • Exclusion(s):

    Establishments primarily engaged in:

    • renting or leasing intangibles or intellectual property (See 51 Information and Cultural Industries)
    • leasing and providing loans to buyers of goods and equipment, or to vendors and dealers to finance their inventories (See 52222 Sales Financing)
    • leasing real property (See 531 Real Estate)
    • employee leasing services (See 56133 Employee Leasing Services)
    • renting or leasing equipment with operators (classified in various subsectors of NAICS depending on the nature of the service provided)
5322 - Consumer Goods Rental

This industry group comprises establishments primarily engaged in renting or leasing personal and household goods. These establishments generally provide short-term rental, although, in some instances, the goods may be leased for longer periods of time. These establishments often operate from a retail-like or store-front facility.

53229 - Other Consumer Goods Rental

This industry comprises establishments, not classified to any other industry, primarily engaged in renting consumer goods.

  • Exclusion(s):

    Establishments primarily engaged in:

    • retailing and renting musical instruments (See 45114 Musical Instrument and Supplies Stores)
    • renting consumer electronics and appliances (See 53221 Consumer Electronics and Appliance Rental)
    • formal wear and costume rental (See 53222 Formal Wear and Costume Rental)
    • renting pre-recorded video tapes (See 53223 Video Tape and Disc Rental)
    • renting a general line of products such as lawn and garden equipment, home repair tools, and party and banquet equipment (See 53231 General Rental Centres)
    • renting commercial and industrial medical equipment (See 53249 Other Commercial and Industrial Machinery and Equipment Rental and Leasing)
532290 - Other Consumer Goods Rental

This Canadian industry comprises establishments, not classified to any other industry, primarily engaged in renting consumer goods.

  • Example Activities:

    • Bicycle rental
    • Boat rental, pleasure
    • Carpet and rug rental service
    • Beach chairs and accessories, rental
    • Exercise (physical fitness) equipment rental
    • Garden equipment rental
    • Home health equipment, rental
    • Household furniture rental
    • Invalid supplies rental and leasing, consumer
    • Motorcycles and motor-scooters, rental and leasing
    • Musical instrument rental
    • Party supplies rental and leasing
    • Pleasure boat rentals
    • Recreation and sports equipment rental
    • Rental of dishes, silverware, tables and banquet accessories
    • Rental of golf carts
    • Rodeo animal rental
    • Ski equipment rental
    • Sporting goods rental
    • Sports and recreation equipment rental
    • Toy library (i.e., renting toys)
    • Yacht rentals
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