I'm not sure about high-paying jobs (during my search, I've found the average salary to be in the same ballpark for Vancouver vs Toronto). But in terms of sheer number of interesting companies and opportunities, I've found Toronto to be superior by a large margin.
If you take a look at the AngelList jobs board (https://angel.co/salaries), you can see triple the number of postings in Toronto vs Vancouver, and more than triple of those that pay 60k+. This is by no means completely representative, but I believe it's good indication of a much more vibrant startup scene, and my job search experience so far seems to confirm this (despite being biased towards Vancouver due to personal preference).
If you take a look at the AngelList jobs board (https://angel.co/salaries), you can see triple the number of postings in Toronto vs Vancouver, and more than triple of those that pay 60k+. This is by no means completely representative, but I believe it's good indication of a much more vibrant startup scene, and my job search experience so far seems to confirm this (despite being biased towards Vancouver due to personal preference).