Current OISE MEd student here. Congrats on your acceptance to both programs!!!
You shouldn’t have any problem registering with CRPO with a Master’s from McGill. I know many therapists who were trained in Quebec (Concordia, McGill etc) working in Toronto/Ontario as RPs.
In terms of training, my impression is that you will get a bit more structured training at McGill. Their curriculum looks very sequenced. OISE MEd is student-driven and allows for more flexibility around how you move through the program. That’s both good and potentially bad, meaning, unless you know what kind of a therapist you want to become, it’s easy to get lost. I personally like the freedom in terms of course selection and practicum that OISE offers. Also, some students do a collaborative degree in another UofT department (in Addiction Studies, Indigenous Health, Palliative Care, Sexuality Studies etc) so you can get two degrees in one (and pay only for one program)?.
Another thing I like about OISE MEd is that because it doesn’t require an undergrad psych degree for admissions, there’s a lot of diversity in experience and background among students. It’s been really eye opening for me to see different paths to therapy work and I learn a lot from my classmates. I’m sure you will have amazing colleagues at McGill though.
In terms of MA vs MEd, personally I think it comes down to funding as you mentioned. MEd students interested in doing PhD/EdD/PsyD later can take research & thesis courses as part of their electives so it shouldn’t make much difference (unless you want to go straight into PhD after MA and be fully funded, then McGill might be your answer).
Hope this helps. At the end of the day, you will get excellent education from either program so go with your gut feeling and career goals!