McCarthy also penned three autobiographies, chronicling the various stages of her life: A Fool in Paradise (Toronto: MacFarlane, Walter & Ross, 1990), The Good Wine (Toronto: MacFarlane, Walter & Ross, 1991), and Ninety Years Wise (Toronto: Second Story Press, 2004). She was made a member of the Royal Canadian Academy of Arts. She was the recipient of the Order of Ontario, the Order of Canada, honorary degrees from the University of Calgary, the University of Toronto, Trent University, the University of Alberta, and Nipissing University, an honorary fellowship from the Ontario College of Art and Design and also had a gallery named in her honour at the University of Toronto Scarborough.