SIC Code 52698 - Standard Industrial Classifications Codes (SIC Code) and North American Industry Classification System (NAICS)

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Library > SIC Codes > 52698

Standard Industrial Classifications Codes (SIC Codes) /
North American Industry Classification System (NAICS)

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526981

Securitization Vehicles
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 (522299, All Other Non-Depository Credit Intermediation).

526989

All Other Miscellaneous Funds and Financial Vehicles
This Canadian class comprises funds and financial vehicles, not classified to any other Canadian class, such as special purpose trusts or closed-end funds.

Exclusion(s): Establishments primarily engaged in:

*Equity Real Estate Investment Trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or other real estate property to others (classified in Industry Group 5311, Lessors of Real Estate based on primary type of real estate property leased).

Standard Industrial Classifications Codes (SIC Codes) Main Page

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