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.

S12 - Financial corporations

This sector consists of all resident corporations that are principally engaged in providing financial services, including insurance and pension funding services to other institutional units. It is composed of the following set of resident institutional units:
a. All resident financial corporations (as understood in the SNA and not just restricted to legally constituted corporations), regardless of the residence of their shareholders;
b. The branches of non-resident enterprises that are engaged in financial activity on the economic territory on a long-term basis;
c. All resident non-profit institutions (NPIs) that are market producers of financial services.
The production of financial services is the result of financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. Because the provision of financial services is typically subject to strict regulation, it is usually the case that units providing financial services do not produce other goods and services and financial services are not provided as secondary production. As a result, producers of financial services are classified only to the financial sector.

S120 - Public financial corporations

This subsector consists of government business enterprises that are financial corporations and quasi-corporations whose principal activity is the production of financial services.

S1200 - Public financial corporations

This major group consists of government business enterprises that are financial corporations and quasi-corporations whose principal activity is the production of financial services.

S12000 - Public financial corporations

This sub group consists of government controlled business enterprises that are financial corporations and quasi-corporations whose principal activity is the production of financial services. In the CSMA, this subgroup may be further divided by general government subsectors to show the level of government that has controlling authority over a given institutional unit.