The parents in the article claim that the asian students beat them out, but honestly, it was really easy to get into this university. I had terrible grades in my first two years of high school, and for the most part I was rejected by (good) US colleges (probably also because I didn't have my green card). I was even forced to apply later than students in Canada, because I did not go to an Ontario high school and had to fill in a different form with a later submission date. All these things would seem to be disadvantages, and I didn't figure on getting accepted at all. And yet I got into UofT (and Waterloo). It's remarkably easy to get into a university like this -- possibly because you're only allowed to apply to three Ontario universities -- and I don't buy the parents' arguments at all. More likely their kids got terrible grades, and that's nobody else's fault.
Honestly I can't believe we're even having this discussion. The last time I heard about fears of Chinese immigration was in history class.