Our Curated List of Resources for Mental Health Professionals
In our work with mental health professionals across Canada, we’ve identified a variety of free or low-cost financial management tools offered by reputable organizations.
We’ve compiled a list of the most underrated, yet highly practical and informative tools. If you know of other exceptional tools or apps that deserve recognition, please fill out the contact form to help us refine this list further!
Here is our selection of accounting and financial management tools specifically designed for psychologists and therapists in private practice in Canada:
Resources for Tax Information and Rates
Websites with useful tax information
- TaxTips.ca – A straightforward site with a wide range of tax information, including current rates
- Chartered Professional Accountants of Canada – Canada’s national accounting body that shares updates on tax rules and legislation
- CRA – The official government website for all things related to tax
- 1 -800-959-8281 – For individuals
- 1-800-959-5525 – For businesses
- Canadian Tax Foundation – An independent organization providing research, education, and publications on Canadian tax laws and policies
Online calculators
- Payroll Deduction Calculator – Calculate federal, provincial (Quebec not included), and territorial payroll deductions.
- Payroll Deduction Calculator for Quebec – Includes deductions for Québec income tax, Québec Pension Plan (QPP) contributions, and Québec parental insurance plan (QPIP) premiums
- GST/HST calculator (and rates) – You have access to GST and HST provincial rates and GST/HST calculator.
Private sector tools for tax and payroll
- Statistics by Bank of Canada – Provides valuable data on interest rates, exchange rates, and commodity prices
- ADP Canada – Offers comprehensive payroll services including deduction tools
- National Payroll Institute – Offers resources and guidelines for payroll management
Resources for professional and operational development
- Canadian Counselling and Psychotherapy Association (CCPA) – Provides access to educational programs, certification, and professional development
- Canadian Psychological Association (CPA) – Offers online continuing education for psychologists.
- Benefits Business Finder – A tool by Innovation Canada that helps identify grants, loans, wage subsidies, and advisory services
- Canadian Financial Literacy Database – Lists events, tools, and resources for saving, budgeting, taxes, and more
Financial literacy resources for individuals
- Financial Toolkit and Financial Basics Workshop – With the help of the Financial Consumer Agency of Canada, this financial literacy program provides individuals with helpful financial information and tools, helping them manage their money and make smart financial decisions.
- CPA Canada Financial Literacy Sessions – Delivered by CPA members across Canada, these face-to-face financial literacy sessions are designed to help both entrepreneurs and students learn more about managing their finances.
- Financial Goal Calculator – This calculator can help you manage your debts and savings effectively and efficiently.
If you found this list helpful, you’ll love our bi-monthly newsletter. Every issue is packed with practical tips, financial guidance, and handpicked resources tailored to the unique needs of Canadian mental health professionals. Whether you’re just starting your practice or looking to strengthen your financial foundation, our newsletter can help you make confident, informed decisions — without the overwhelm.
