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

• 7 - Services-Producing Sector
• 10 - Finance, Insurance, Real Estate and Leasing
• 52 - Finance and Insurance
• 522 - Credit Intermediation and Related Activities
• 5221 - Depository Credit Intermediation
• 52211 - Banking

522111 - Personal and Commercial Banking Industry

This Canadian industry comprises establishments primarily engaged in accepting deposits from, and issuing loans to, persons or small- and medium-sized businesses. Establishments of chartered banks, trust companies and deposit-accepting mortgage companies that are primarily engaged in these activities are included.

• Exclusion(s):

  • local credit unions (See 522130 Local Credit Unions)
  • provincial government savings establishments that channel deposits to the government rather than lending them to customers (See 522190 Other Depository Credit Intermediation)

• Example Activities:

  • Bank branches, chartered, providing personal and commercial banking services
  • Deposit-accepting mortgage companies (except co-operative)
  • Establishments of chartered banks providing personal and commercial banking services
  • Establishments of trust companies providing personal and commercial banking services
  • Trust company branches, chartered, providing personal and commercial banking services