Variant of NAICS 2002 - Information and Communication Technology (ICT) Sector

6.2 - Industries not included in the Information and Communication Technology Sector

This special aggregation comprises all NAICS that do not relate to information and communication technology products.

52 - Finance and Insurance

This sector comprises establishments primarily engaged in financial transactions (that is, transactions involving the creation, liquidation, or change in ownership of financial assets) or in facilitating financial transactions. Included are:

* establishments that are primarily engaged in financial intermediation. They raise funds by taking deposits and/or issuing securities, and, in the process, incur liabilities, which they use to acquire financial assets by making loans and/or purchasing securities. Putting themselves at risk, they channel funds from lenders to borrowers and transform or repackage the funds with respect to maturity, scale and risk.

* establishments that are primarily engaged in the pooling of risk by underwriting annuities and insurance. They collect fees (insurance premiums or annuity considerations), build up reserves, invest those reserves and make contractual payments. Fees are based on the expected incidence of the insured risk and the expected return on investment.

* establishments that are primarily engaged in providing specialized services that facilitate or support financial intermediation, insurance and employee benefit programs.

In addition, establishments charged with monetary control - the monetary authorities - are included in this sector.

522 - Credit Intermediation and Related ActivitiesUS

This subsector comprises establishments primarily engaged in lending funds raised from depositors or by issuing debt, and establishments that facilitate the lending of funds or issuance of credit by engaging in such activities as mortgage and loan brokerage, clearinghouse and reserve services, and cheque-cashing services.

5222 - Non-Depository Credit IntermediationUS

This industry group comprises establishments, both public (government-sponsored enterprises) and private, primarily engaged in extending credit or lending funds raised by credit market borrowing, such as by issuing commercial paper and other debt instruments, and by borrowing from other financial intermediaries.

52229 - Other Non-Depository Credit Intermediation

This industry comprises establishments, not classified to any other industry, primarily engaged in making cash loans or granting credit to consumers and businesses through credit instruments other than credit cards, sales finance agreements, or financial leases. Examples of types of lending are consumer credit, real estate credit, international trade financing, secondary market financing, and other non-depository credit intermediation.

522291 - Consumer LendingUS

This Canadian industry comprises establishments primarily engaged in providing unsecured cash loans to consumers. However, some cash lending activities may be secured by a chattel mortgage enabling the lender to take possession of the chattel in case of default. Examples of establishments in this Canadian industry are consumer loan companies, personal finance companies and small loan companies.

  • Example Activities:

    • Mutual benefit associations (loan association)
    • Personal credit institutions
    • Personal loan companies
522299 - All Other Non-Depository Credit IntermediationCAN

This Canadian industry comprises establishments, not classified to any other Canadian industry, primarily engaged in providing non-depository credit, such as real estate credit, international trade financing, short-term inventory credit and loans, working capital credit, and agricultural credit and loans. Examples of establishments in this industry are factoring companies, pawnshops, mortgage companies and government credit agencies that make direct loans or extend credit.

  • Example Activities:

    • Factoring companies
    • Pawnbrokers
    • Secondary market financing (i.e, buying, pooling and repackaging loans for sale to others)
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