From the sounds of it... the cyclist was going north and at the tail end of a green light (ie., the light had just turned red, and the car started making a left turn, going from westbound on Front to south on Spadina.
A little more about his is in articles in the National Post and the Sun:
National Post: Cyclist suffers spinal injuries in Spadina & Front crash
Toronto Sun: Cyclist injured in road collision
As much as I am well aware of the boneheaded things that some drivers do, some cyclists are equally boneheaded. If the reports of how this collision happened are true, the cyclist is at fault.
I am happy to read that the driver of the Toyota was the first one at the cyclists side after she was hit.