Variant of NAICS 2002 - Durable and Non-Durable Goods Manufacturing Industries

526981 - Securitization VehiclesCAN

This Canadian class comprises special purpose financial vehicles organized for the acquisition of pools of receivables and the issuance of marketable fixed-income securities. These receivables are generally loans made to persons and/or businesses, such as credit card receivables, automobile and equipment loans and leases, and residential and commercial mortgages. These securities are broadly referred to as asset-backed securities.

  • Exclusion(s):

    Establishments primarily engaged in:

    • the factoring of receivables (See 522299 All Other Non-Depository Credit Intermediation)
  • Example Activities:

    • Securitization vehicles (fund)
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