North American Industry Classification System (NAICS) Canada 2022 Version 1.0
- 52 - Finance and insurance
- 523 - Securities, commodity contracts, and other financial investment and related activities
- 5239 - Other financial investment activities
- 52391 - Miscellaneous intermediationUS
523910 - Miscellaneous intermediationUS
This Canadian industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling of financial contracts, generally on a spread basis. Principals are investors that buy or sell for their own account. This industry also covers legal entities, often referred to as personal holding companies, set up primarily for the purpose of holding, in a generally passive manner, the wealth of an individual or a family.
Illustrative example(s)
- companies established to hold the wealth of an individual or a family
- investment clubs
- investment holding company
- land speculation
- oil royalty dealing (acting as principals)
- personal corporation, holding securities
- syndicates, investment
- venture capital companies
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