Yes, Toronto is a safe city. As a matter of fact, a new report declared Toronto as the safest city in the whole North America region.
The scoring involved in generating the list, includes personal safety, infrastructure, health, and digital safety, according to the report. The extent of the study conducted by the experts includes 60 cities in five (5) different continents.
Regardless, it is always best to be extra cautious with your belongings wherever you are. There are parts in the city that might not come as friendly and safe as the rest of the city. One of the common rules in traveling is to be alert all the time.