NAICS Code 551113 Holding companies

NAICS Code Industry
551113 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 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.

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