Should it not be
0=-mgsinΘ-mgsinΘ+N
No, it should not. The vertical components are being calculated. Obviously, the direction of the forces on the man and ladder in the vertical direction are collinear with gravitational force. This means the normal force the ladder exerts on the ground due to both must be $N=mg+Mg$ in the vertical direction.
Also eventually he used sin Θ for finding torque, but not with x + y components
Note that this (as far as I can see) is not because of component forces. Torque is defined as the cross product between the force and the vector distance to where the force is applied. That is, $$\bf{\tau}=\bf{r\times F}=|r||F|\sin(\theta)=|F|\left(|r|\sin \theta\right)$$
or the product of the magnitude of the force and lever arm (which is the perpendicular distance from the fulcrum). To learn more about this, see this article.