High Quality Content by WIKIPEDIA articles! The economy of Toronto plays a vital role in Canada`s economy and that of the world. Toronto is a commercial, distribution, financial and industrial centre. It is the banking and stock exchange centre of Canada, and is the country`s primary wholesale and distribution point. Ontario`s wealth of raw materials and hydroelectric power have made Toronto a primary centre of industry. The city and its surrounding area produces more than half of Canada`s manufactured goods.