Canadian industry

551113 Holding companies

Sociétés de portefeuille

Official definition

This Canadian industry comprises legal entities engaged only in holding the securities of subsidiaries and affiliates for the purpose of owning a controlling interest or influencing the management decisions of these businesses. The holding companies in this industry do not provide other services to the businesses in which the equity is held or to non-affiliates. They are passive holders of the assets and, as such, employ a minimal workforce.

Classification Reference

Official classification fields for this page

Official classification fields taken from the current StatCan source bundle.

Characteristic Description
Official titleHolding companies
ClassificationNAICS Canada 2022 Version 1.0
Publishing authorityStatistics Canada
Hierarchical levelCanadian industry
Parent code55111 - Management of companies and enterprises
International correspondenceK6420
Sourcehttps://www.statcan.gc.ca/en/subjects/standard/naics/2022/v1/index
Source verification2026-05-05
Canada Business Context

Canada-wide tax and filing context

Canada-wide business, tax, and filing context from the local country pack and tax pack.

Characteristic Description
Tax authorityCanada Revenue Agency (CRA)
Business identifierBusiness Number (BN): 9-digit identifier with program account suffixes such as RT0001 for GST/HST, RP0001 for payroll, and RC0001 for corporate income tax.
Filing requirementsBusiness Number registration; Form T2125 (Statement of Business or Professional Activities) attached to T1; Form T2 (Corporation Income Tax Return); Form T5013; Form GST34
Sector authorityNo cluster authority recorded in the local country pack.

Exclusions

  • companies established to hold the wealth of an individual or a family (See 523910 Miscellaneous intermediation (US))
  • holding companies which, in addition to owning shares of other companies of the same group, provided general management and/or administrative support services to affiliated establishments (See 551114 Corporate, regional and subsidiary management offices and companies)
  • legal entities holding the securities of subsidiaries and affiliates and, operating these entities or providing services to unrelated parties (classified according to the business operated)

Examples

  • bank holding companies (except managing)
  • holding companies (except managing)
  • holding companies, government (except managing)
  • public utility holding companies (except managing)

Classification Confidence Score

5 of 6 factors passing

8/ 10
Verified official sourcenaics-scian-2022-structure-v1-eng.csv (2026-05-05)
International crosswalkISIC Rev. 4 mapping: K6420
Previous edition migrationNAICS 2017 to 2022 continuity confirmed
Complete hierarchy5 levels confirmed in hierarchy
Size or threshold documentedSME thresholds documented in federal tax pack
Trade or export matchNo direct HS code correspondence in current bundle
Legacy crosswalkLegacy system (SIC 1980) retired in this region
Business Profiles

When you might need code 551113

These role examples come from the official title and example wording attached to this code.

01 551113
Holding companies

Use this page when the business is directly described by the official title or definition for 551113 Holding companies. It is the closest source-backed checkpoint before BN registration, GST/HST review, banking onboarding, or internal classification work.

02 551113
bank holding companies (except managing)

Use this page when the activity is described in the official StatCan example wording as bank holding companies (except managing). Compare the definition, exclusions, and nearby codes here before attaching 551113 Holding companies to a business file.

03 551113
holding companies (except managing)

Use this page when the activity is described in the official StatCan example wording as holding companies (except managing). Compare the definition, exclusions, and nearby codes here before attaching 551113 Holding companies to a business file.

04 551113
holding companies, government (except managing)

Use this page when the activity is described in the official StatCan example wording as holding companies, government (except managing). Compare the definition, exclusions, and nearby codes here before attaching 551113 Holding companies to a business file.

Business Map

Business categories in this branch

A rotating set of business activity examples linked to this part of the Canadian hierarchy.

Security workTravel supportFacilities servicesEmployment servicesRemediation servicesAdministrative support

Commonly confused with

523910 — Miscellaneous intermediation

companies established to hold the wealth of an individual or a family (See 523910 Miscellaneous int...

551114 — Corporate, regional and subsidiary management offices and companies

holding companies which, in addition to owning shares of other companies of the same group, provide...

ISIC Rev. 4 correspondence

K6420Activities of holding companies
US NAICS referenceNo exact same-code US entry appears in the local reference workbook.

Source row

551113Holding companies

This page mirrors the source row from the structure CSV and the matching rows from the elements and crosswalk files.

Frequently asked questions

What does code 551113 cover?

Holding companies: This Canadian industry comprises legal entities engaged only in holding the securities of subsidiaries and affiliates for the purpose of owning a controlling interest or influencing the management decisions of these businesses. The holding companies in this i...

Which level of the hierarchy is 551113?

It is a canadian industry page in the NAICS Canada 2026 hierarchy.

What is the parent of 551113?

It rolls up to 55111 Management of companies and enterprises.

Should I stop at 551113 or go lower?

This page already points to the exact six-digit Canadian industry in the current site structure.

Are official inclusion notes attached to 551113?

No inclusion rows are attached to this page in the local elements file.

Are there exclusion notes for 551113?

Yes. 3 exclusion note(s) help separate this page from nearby codes.

Does 551113 include illustrative examples?

Yes. 4 example row(s) are available for boundary checking.

What kinds of businesses often start from this page?

Examples in this branch include Security work, Travel support, Facilities services, Employment services, Remediation services, Administrative support.

Is there an ISIC mapping for 551113?

Yes. The page shows K6420 Activities of holding companies.

Does this page show a US NAICS reference?

No same-code US NAICS reference row is attached on this page.

Why are both English and French titles shown?

NAICS Canada is bilingual, so the page keeps both language titles visible for comparison and lookup.

Where does the page text come from?

From the local StatCan structure file, elements file, ISIC crosswalk, and the bundled US 6-digit reference workbook.