North American Industry Classification System (NAICS) Canada 2017 Version 2.0

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)

  • leasing and providing loans to buyers of goods and equipment, or to vendors and dealers to finance their inventories (See 522220 Sales financing)
  • leasing real property (See 531 Real estate)
  • 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.

53228 - All other consumer goods rental

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

532280 - All other consumer goods rental^CAN

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

• Illustrative example(s)

  • exercise (physical fitness) equipment rental
  • home health equipment, rental
  • household furniture rental
  • musical instrument rental (e.g., piano, guitar, violins, cellos)
  • party supplies rental and leasing
  • pleasure boats rental (canoes, rowboats, sailboats)
  • recreation and sports equipment rental
  • rental of golf carts

  All examples

• Inclusion(s)

  • theatrical wardrobes and costumes rental

• Exclusion(s)

  • laundering and renting uniforms and other work apparel (See 812330 Linen and uniform supply)
  • renting a general line of products such as lawn and garden equipment, home repair tools, and party and banquet equipment (See 532310 General rental centres)
  • renting a general line of products with none pre-dominating (See 532310 General rental centres)
  • renting commercial and industrial medical equipment (See 532490 Other commercial and industrial machinery and equipment rental and leasing)
  • renting consumer electronics and appliances (See 532210 Consumer electronics and appliance rental)
  • renting video recorders and players (See 532210 Consumer electronics and appliance rental)
  • retailing and renting musical instruments (See 451140 Musical instrument and supplies stores)
  • retailing pre-recorded video tapes and discs (See 443146 Audio and video recordings stores)