I took this course in my first year ('06/'07, so things might have changed), and while there were more assignments in it than my other courses, I found it manageable. We had to write three small papers per term, but we were given the topics for the papers at the beginning of the term. There were also three small tests per term which took up about 20 minutes of the class (this is including the time it took to distribute the tests and collect them), plus a midterm at the end of first semester and an exam at the end of the class.
Here's the outline from '09/'10:
http://www.religiousstudies. mcmast...%20updated.pdf
It looks about the same from when I took the class, even the same professors. And Dr. Carter is amazing! One of my favourites at Mac.
It can be a fair amount of work, but with good time management it's not too bad.