North American Industry Classification System (NAICS) 2007 - Labour Force Survey

8.2 - Service-Producing Industries

This special aggregation comprises establishments coded to 'Wholesale Trade' (NAICS 41), 'Retail Trade' (NAICS 44-45), 'Transportation and storage' (NAICS 48-49), 'Information and Cultural Industries' (NAICS 51), 'Finance and Insurance' (NAICS 52), 'Real Estate and Rental and Leasing' (NAICS 53), 'Professional, Scientific and Technical Services' (NAICS 54), 'Management of Companies and Enterprises' (NAICS 55), 'Administrative and Support, Waste Management and Remediation Services' (NAICS 56), 'Educational Services' (NAICS 61), 'Health Care and Social Assistance' (NAICS 62), 'Arts, Entertainment and Recreation' (NAICS 71), 'Accommodation and Food Services' (NAICS 72), 'Other Services (except Public Administration)' (NAICS 81) and to 'Public Administration (NAICS 91)

8.2.3 - Finance, Insurance, Real Estate, Rental and Leasing

This special aggregation comprises establishments coded to 'Finance and Insurance' (NAICS 52) and to 'Real Estate and Rental and Leasing' (NAICS 53)

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.

523 - Securities, Commodity Contracts, and Other Financial Investment and Related Activities

This subsector comprises establishments primarily engaged in putting capital at risk in the process of underwriting securities issues or in making markets for securities and commodities; acting as intermediaries between buyers and sellers of securities; providing securities and commodity exchange services (furnishing space, marketplaces, and often facilities for the purpose of facilitating the buying and selling of stocks, stock options, bonds or commodity contracts); facilitating the marketing of financial contracts; asset management (managing portfolios of securities); and providing investment advice, trust, fiduciary, custody and other investment services.

5239 - Other Financial Investment Activities

This industry group comprises establishments, not classified to any other industry group, primarily engaged in managing portfolios of securities and providing investment advice, trust, fiduciary, custody and other investment services.

52391 - Miscellaneous Intermediation^US

This industry comprises establishments primarily engaged in acting as principals in the buying and selling of financial contracts, other than securities or commodity contracts, generally on a spread basis. Principals are investors that buy or sell for their own account.

52392 - Portfolio Management^US

This industry comprises establishments primarily engaged in managing the portfolio assets of others on a fee or commission basis. These establishments have the authority to make investment decisions, with fees usually based on the size and/or overall performance of the portfolio. Examples of establishments in this industry are pension fund managers and mutual fund managers.

• Exclusion(s):

  Establishments primarily engaged in:

  • buying and selling securities on a transaction fee basis (See 52312 Securities Brokerage)

52393 - Investment Advice^US

This industry comprises establishments primarily engaged in providing investment advice to others on a fee basis, provided that they do not also have the authority to execute trades. Establishments in this industry may communicate their advice both directly to their clients and via printed or electronic media as part of a subscription service. Establishments providing financial planning advice, investment counseling and investment research are included.

• Exclusion(s):

  • establishments providing investment advice in conjunction with their primary activity, such as portfolio management, or the sale of stocks, bonds, annuities and real estate (classified according to their primary activity)

52399 - All Other Financial Investment Activities^US

This industry comprises establishments, not classified to any other industry, primarily engaged in providing, on a contract or fee basis, miscellaneous financial investment services, such as trust, fiduciary and custody services, and other investment services. Establishments, such as note brokers, oil and gas lease brokers and stock transfer agents, are included.