While the Shrine Circus isn't only restrict to Toronto, Ontario, this is where I saw them, so I just that as the location. Shrine Circus was something that I visited in 2013 and it was actually quite enjoyable!
There are elephants (which kids could ride), tigers (or lions, I can't quite remember), horses, and more while we were there and although things might have changed now, I do recall having a wonderful time with my wife, my then girlfriend. There were lots of acrobats doing tricks and overall, it was quite the enjoyable show for me.
While I don't know if this will be true in the future, I recall that we got discounted tickets through Groupon making the experience quite inexpensive.
Visit their official site (really outdated) for show dates and locations: http://www.rameses-shriners.ca/Shrine_Circus.htm
Come back next Friday for another Past Point of Interest!