According to Ontario Ministry of Resources, wolf estimates in Ontario are 7000-10,000 wolves. 2013 moose estimates were 89,756. However, nobody in the department really knows or cares because they haven't left their heated office to fly surveys. About 87,222 residents hunted for moose and 5,420 moose were harvested by residents (2,654 bulls, 1,262 cows, 1,594 calves). In 2014, general draw applications reach 96,720...an increase of nearly 10,000 people. Only 13% of applicants were drawn with 13,499 tags available. In 2015...9,051 rifle tags and 2,377 bow tags were available, for a total of 11,428 tags (5,939 of which were cows and calves).
Obviously with less than 1 moose for each licensed hunter and a wolf to moose ratio of 1 to 10 there needs to be a mature bulls only season (6 yr olds and older) for several years to allow calves to reach maturity and breeding females to reproduce a few times. You could easily shoot all the wolves and still have the same problem of undersupply of moose. When factoring in poaching, vehicle collisions and metis and aboriginal hunting, there is just too much mortality to allow moose populations to grow.