Woah. Where did you see they are getting 800 applicants?
For what it's worth, I did a masters in an unrelated subject at U of T and on the website they said acceptance was about 5% or something like that. The program only took 7 students, but I remember finding out somewhere that nowhere in the last 5 years did they actually have 140 applicants. It was always somewhere around 50-70. The acceptance rate had been grossly exaggerated in that particular case.