From the Insider article:
The Raptors expect to have big man Jonas Valanciunas with the team this season. If he were in this draft, I think he would've been the No. 2 overall pick. At No. 8, look for them to add a player to their backcourt who can go out and get his own shot. They've been looking hard at Syracuse's Dion Waiters, Washington's Terrence Ross, Lamb and Lillard. The one sleeper pick for them might be St. John's freshman Moe Harkless. Sources say he is in the mix at No. 8.