Official definition
This Canadian industry comprises establishments primarily engaged in buying or selling securities for others on a commission basis.
Canadian industry
523120 Securities brokerage
Courtage de valeurs mobilières
Official classification fields for this page
Official classification fields taken from the current StatCan source bundle.
| Characteristic | Description |
|---|---|
| Official title | Securities brokerage |
| Classification | NAICS Canada 2022 Version 1.0 |
| Publishing authority | Statistics Canada |
| Hierarchical level | Canadian industry |
| Parent code | 52312 - Securities brokerage |
| International correspondence | K6612* |
| Source | https://www.statcan.gc.ca/en/subjects/standard/naics/2022/v1/index |
| Source verification | 2026-05-05 |
Canada-wide tax and filing context
Canada-wide business, tax, and filing context from the local country pack and tax pack.
| Characteristic | Description |
|---|---|
| Tax authority | Canada Revenue Agency (CRA) |
| Business identifier | Business 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 requirements | Business Number registration; Form T2125 (Statement of Business or Professional Activities) attached to T1; Form T2 (Corporation Income Tax Return); Form T5013; Form GST34 |
| Sector authority | Office of the Superintendent of Financial Institutions (OSFI) and provincial securities commissions |
Exclusions
- securities dealing and underwriting (See 523110 Investment banking and securities dealing (US))
Examples
- brokerages, stock
- brokers, securities
- stock brokers, offices
- bond brokerages
- brokerages, stock
- brokers, securities
- floor brokers, securities
- mutual fund agencies (i.e., brokerages)
- mutual fund agents (i.e., brokers), offices
- securities brokers, offices
- stock brokers, offices
- stock option brokerages
Who is this code for
This code typically applies to:
Also relevant for
Source: STATCAN_TITLE, 2026-05-05
Classification Confidence Score
5 of 6 factors passing
8/ 10
Verified official source — naics-scian-2022-structure-v1-eng.csv (2026-05-05)
International crosswalk — ISIC Rev. 4 mapping: K6612*
Previous edition migration — NAICS 2017 to 2022 continuity confirmed
Complete hierarchy — 5 levels confirmed in hierarchy
Size or threshold documented — SME thresholds documented in federal tax pack
Trade or export match — No direct HS code correspondence in current bundle
Legacy crosswalk — Legacy system (SIC 1980) retired in this region
Business Profiles
When you might need code 523120
These role examples come from the official title and example wording attached to this code.
01
523120
Securities brokerage
Use this page when the business is directly described by the official title or definition for 523120 Securities brokerage. It is the closest source-backed checkpoint before BN registration, GST/HST review, banking onboarding, or internal classification work.
02
523120
brokerages, stock
Use this page when the activity is described in the official StatCan example wording as brokerages, stock. Compare the definition, exclusions, and nearby codes here before attaching 523120 Securities brokerage to a business file.
03
523120
brokers, securities
Use this page when the activity is described in the official StatCan example wording as brokers, securities. Compare the definition, exclusions, and nearby codes here before attaching 523120 Securities brokerage to a business file.
04
523120
stock brokers, offices
Use this page when the activity is described in the official StatCan example wording as stock brokers, offices. Compare the definition, exclusions, and nearby codes here before attaching 523120 Securities brokerage to a business file.
Business categories in this branch
A rotating set of business activity examples linked to this part of the Canadian hierarchy.
In this section
- 523120Securities brokerage
Commonly confused with
523110 — Investment banking and securities dealing
securities dealing and underwriting (See 523110 Investment banking and securities dealing (US))
ISIC Rev. 4 correspondence
K6612*Security and commodity contracts brokerage
Approximate correspondence
Securities brokerage
US NAICS referenceNo exact same-code US entry appears in the local reference workbook.
Source row
523120Securities brokerage
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 523120 cover?
Securities brokerage: This Canadian industry comprises establishments primarily engaged in buying or selling securities for others on a commission basis.
Which level of the hierarchy is 523120?
It is a canadian industry page in the NAICS Canada 2026 hierarchy.
What is the parent of 523120?
It rolls up to 52312 Securities brokerage.
Should I stop at 523120 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 523120?
No inclusion rows are attached to this page in the local elements file.
Are there exclusion notes for 523120?
Yes. 1 exclusion note(s) help separate this page from nearby codes.
Does 523120 include illustrative examples?
Yes. 12 example row(s) are available for boundary checking.
What kinds of businesses often start from this page?
Examples in this branch include Insurance work, Credit services, Banking services, Brokerage support, Payment processing.
Is there an ISIC mapping for 523120?
Yes. The page shows K6612* Security and commodity contracts brokerage.
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.