Canadian Classification of Institutional Units and Sectors (CCIUS) 2012

S1 - Total economy

The total economy is defined as the entire set of resident institutional units. These resident institutional units are grouped into five mutually exclusive institutional sectors. Sectors are groupings of institutional units and the whole of each institutional unit is classified to only one sector of the SNA. The full sequence of accounts of the SNA may be constructed for a single institutional unit or a group of units. All resident institutional units are allocated to one and only one of the following five institutional sectors:
1. The Non-financial corporations sector;
2. The Financial corporations sector;
3. The General government sector;
4. The Households sector.
5. The Non-profit institutions serving households sector;
All resident non-financial corporations are included in the Non-financial corporations sector and in practice they account for most of the sector. In addition, the sector includes non-profit institutions (NPIs) engaged in the market production of goods and non-financial services: for example, hospitals, schools or colleges that charge fees that enable them to recover their current production costs, or trade associations financed by subscriptions from non-financial corporations or unincorporated enterprises whose role is to promote and serve the interests of those enterprises.
The Financial corporations sector includes all resident corporations whose principal activity is providing financial services including financial intermediation, insurance and pension fund services, and units that provide activities that facilitate financial intermediation. In addition, the sector includes NPIs engaged in market production of a financial nature such as those financed by subscriptions from financial enterprises whose role is to promote and serve the interests of those enterprises.
The General government sector consists mainly of federal, provincial and territorial, local, and Aboriginal government units together with social security funds imposed and controlled by those units. In addition, it includes NPIs engaged in non-market production that are controlled by government units or social security funds.
The Households sector consists of all resident households. These include institutional households made up of persons staying in hospitals, retirement homes, convents, prisons, etc. for long periods of time. As already noted, an unincorporated enterprise owned by a household is treated as an integral part of the latter and not as a separate institutional unit unless the accounts are sufficiently detailed to treat the activity as that of a quasi-corporation.
The Non-profit institutions serving households sector consists of all resident NPIs, except those controlled by government, that provide non-market goods or services to households or to the community at large.

S2 - Rest of the world

The Rest of the world consists of all non-resident institutional units that enter into transactions with resident units, or have other economic links with resident units. The accounts, or tables, for the Rest of the world are confined to those that record transactions between residents and non-residents or other economic relationships, such as claims by residents on non-residents, and vice versa. This is in contrast to the remaining institutional sectors for which a full set of accounts from production to balance sheet is compiled. The Rest of the world also includes certain institutional units that may be physically located within the geographic boundary of a country; for example, foreign enclaves such as embassies, consulates or military bases, and also international organizations.
Certain international organizations have all the essential attributes of institutional units. The characteristics of an international organization as the term is used in the SNA framework may be summarized as follows:
a. The members of an international organization are either national states or other international organizations whose members are national states; they thus derive their authority either directly from the national states that are their members or indirectly from them through other international organizations;
b. They are entities established by formal political agreements between their members that have the status of international treaties; their existence is recognized by law in their member countries;
c. Because they are established by international agreement, they are accorded sovereign status; that is, international organizations are not subject to the laws or regulations of the country, or countries, in which they are located; they are not treated as resident institutional units of the countries in which they are located;
d. International organizations are created for various purposes including, among others, the following types of activities:
• The provision of non-market services of a collective nature for the benefit of their members;
• Financial intermediation at an international level (i.e. channelling funds between lenders and borrowers in different countries).
Formal agreements concluded by all the member countries of an international organization may sometimes carry the force of law within those countries. Most international organizations are financed wholly or partly by contributions or transfers from their member countries, but some organizations may raise funds in other ways such as borrowing on financial markets or by subscriptions to the capital stock of international organizations and lending by member countries. For purposes of the SNA, international organizations are treated as units that are resident in the rest of the world.