If you're looking for a good animation school in the Toronto area, check out Max the Mutt. It's a degree granting institution that's had a lot of success with their students.
At Max the Mutt, you get a full education in art and animation through a variety of disciplines, from traditional hand drawn to computer animation. Located in a creatively vibrant district in Toronto, Max the Mutt helps to meet the demand for production artists within the Canadian animation industry and North America by virtue of their well rounded and balanced educational curriculum. In fact, earlier today I posted a topic on the forums concerning how the industry is growing in Hamilton, Ontario, a town within the greater Toronto area. What a great resource the city has in this animation school.
A curriculum basd upon strong fundamentals, small class sizes, personal attention from instructors who are working professionals, help to make the Max the Mutt animation experience a valuable one for up and coming animation talent. Contact the school for more information and when you do, mention that you heard of them through AnimationNation.