523910 Miscellaneous intermediation

What code 523910 includes

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.

Activities & Examples

• 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
• bare trustee
• buying income tax refunds
• companies established to hold the wealth of an individual or a family
• dealing (i.e., minerals, oil or gas royalties or leases, mortgages, tax certificates)
• gas and oil royalty dealers
• house flipping services
• individuals investing in financial contracts on own account
• investment clubs
• investment companies investing on own account
• investment companies, investing in financial contracts

Classification Hierarchy

• Sector 52 — Finance and insurance
• Subsector 523 — Securities, commodity contracts, and other financial investment and related activities
• Industry group 5239 — Other financial investment activities
• Industry 52391 — Miscellaneous intermediation
• Canadian industry 523910 — Miscellaneous intermediation

International Concordance

• US NAICS 2022: 523910 — Miscellaneous Intermediation
• ISIC Rev. 4: L6810* — Real estate activities with own or leased property