Industry

52111 Monetary authorities - central bank

Autorités monétaires - banque centrale

Official definition

This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency (paper money); managing the nation's money supply and international reserves; overseeing payment, clearing and settlement systems; holding deposits that represent the reserves of other banks and institutions; and acting as fiscal agent for the federal government. The institutional arrangements for performing these functions and for conducting monetary policy may differ among the countries. In Canada, these functions are performed by the Bank of Canada, in Mexico by the Bank of Mexico, and in the United States by the Federal Reserve Banks and their branches.

Classification Reference

Official classification fields for this page

Official classification fields taken from the current StatCan source bundle.

Characteristic Description
Official titleMonetary authorities - central bank
ClassificationNAICS Canada 2022 Version 1.0
Publishing authorityStatistics Canada
Hierarchical levelIndustry
Parent code5211 - Monetary authorities - central bank
International correspondenceISIC Rev. 4; harmonized with US and Mexico NAICS at higher levels.
Sourcehttps://www.statcan.gc.ca/en/subjects/standard/naics/2022/v1/index
Source verification2026-07-17
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 authorityOffice of the Superintendent of Financial Institutions (OSFI) and provincial securities commissions

Classification Confidence Score

3 of 5 factors passing

6/ 10
Verified official sourcenaics-scian-2022-structure-v1-eng.csv (2026-07-17)
International crosswalkNo international correspondence found
Previous edition migrationNAICS 2017 to 2022 continuity confirmed
Complete hierarchy4 levels confirmed in hierarchy
Size or threshold documentedNot applicable for hub levels
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 52111

Professions specific to this sector are linked to this part of the Canadian classifier so the page speaks to real work teams.

01 52111
Payments compliance lead

Use this page when the file covers merchant screening, payment operations, transaction monitoring, and processor onboarding. It helps confirm whether 52111 Monetary authorities - central bank is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

02 52111
Commercial lending manager

Use this page when the file covers business loans, credit files, borrower reviews, and portfolio servicing. It helps confirm whether 52111 Monetary authorities - central bank is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

03 52111
Credit union branch manager

Use this page when the file covers member banking, deposit products, local lending, and branch oversight. It helps confirm whether 52111 Monetary authorities - central bank is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

04 52111
Insurance brokerage principal

Use this page when the file covers policy placement, renewals, client coverage reviews, and carrier submissions. It helps confirm whether 52111 Monetary authorities - central bank is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

Business Map

Business categories in this branch

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

Insurance workCredit servicesBanking servicesBrokerage support

In this section

  • 52111Monetary authorities - central bank

Source row

52111Monetary authorities - central bank

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 52111 cover?

Monetary authorities - central bank: This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency (paper money); managing the nation's money supply and international reserves; overseeing payment, clearing and settlement systems; holdi...

Which level of the hierarchy is 52111?

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

What is the parent of 52111?

It rolls up to 5211 Monetary authorities - central bank.

Should I stop at 52111 or go lower?

1 lower-level item(s) sit under this branch: Monetary authorities - central bank.

Are official inclusion notes attached to 52111?

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

Are there exclusion notes for 52111?

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

Does 52111 include illustrative examples?

No example rows are attached on this page in the local elements file.

What kinds of businesses often start from this page?

Examples in this branch include Insurance work, Credit services, Banking services, Brokerage support.

Is there an ISIC mapping for 52111?

No ISIC correspondence row is attached to this page.

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.