Maybe late in the evening, when the traffic is very light, the exclusive lanes won't matter much and the buses can actually run a bit faster than LRT because of some operational rules.
But during the AM and PM rush when it matters most, or even mid-day, LRTs in exclusive lanes will run a lot faster. Just because the buses get stuck in traffic and are crawling.
I had taken both the Eg West and Finch West buses quite a few times in the past, and know how they operate during the rush hours; that's no fun

Haven't been much to Eg East, but assume the buses there aren't very different.