And Toronto's last loses were to:
Columbus, Boston, Dallas, Carolina, and Calgary, who are mostly higher standing playoff teams. Since edging out Winnipeg on Nov 27, Toronto's only win against a team that was in the playoffs were Columbus, SJ, and Montreal (in OT).
Toronto has had a very easy schedule thus far and have yet to face the top 2 teams in the East, Tampa and Buffalo, or the top 3 teams in the West, Minnesota, Nashville, and Colorado. Toronto lost both of its games against the #4 seeds in each conference, Boston and Calgary....so if you really want to break things down, Toronto hasn't really been tested yet.
News flash, it's easier to play well against worse teams.