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Amy Legate-Wolfe

Author Bio
Amy became interested in investing in 2018 after having her first daughter. After receiving a masters degree in journalism from Western University, she became frustrated that the finance industry remained a confusing place for Canadians like her: new parents, millennials, and other young people who needed to understand their finances.

Now, Amy focuses on tech companies and renewable energy for growth opportunities, coupling that with long-term investing strategies and equities. She also provides investors with a daily newsletter, Canada Stock Digest, for daily market updates. Her work can also be found at Canada's National Observer, where she writes on the business side of climate action.

Before joining Motley Fool Canada, Amy wrote for major news organizations including HuffPost, CTVNews.ca, and CBC. When she’s not researching investing strategies, Amy’s time is pretty much monopolized by her two wild daughters, but in what little spare time she has she loves to do yoga, go on walks with her dog, and travel with her husband.
Social Media
Follow Amy on LinkedIn and Canada Stock Digest.
Favorite Investment Quote
“October: This is one of the particularly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” – Mark Twain

Recent Articles

cookies stack up for growing profit
Dividend Stocks

1 Undervalued Canadian Dividend Stock I’d Buy Now and Hold for Years

| Amy Legate-Wolfe

Magna’s stock is near a 52-week high, but rising profits, cash flow, and buybacks could mean it’s still undervalued.

Read more »

alcohol
Tech Stocks

1 Tech Stock That Has Created Millionaires and Could Keep Making More

| Amy Legate-Wolfe

Shopify once turned a $15,000 investment into over $1 million, but today’s Shopify needs new growth engines like AI commerce…

Read more »

A woman shops in a grocery store while pushing a stroller with a child
Dividend Stocks

TFSA Investors: 2 Canadian Stocks to Buy and Hold for Life

| Amy Legate-Wolfe

Two boring, durable Canadian businesses could compound well inside a TFSA, but both are priced like high-quality companies.

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

3 Top Canadian ETFs to Buy for Instant Diversification

| Amy Legate-Wolfe

Three broad ETFs can give you instant global diversification, but you still need to watch fees, overlap, and concentration risk.

Read more »

woman considering the future
Dividend Stocks

How I’d Invest $50,000 in Canadian Dividend Stocks for Lifelong Income

| Amy Legate-Wolfe

A $50,000 retirement portfolio can start around $2,000 a year in dividends, but dividend growth and diversification are what make…

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

TFSA Investors: 3 Strong Canadian Stocks to Buy and Hold for Life

| Amy Legate-Wolfe

A TFSA can reward decades of patience, and these three “boring” Canadian compounders aim to keep growing without relying on…

Read more »

trading chart of brent crude oil prices
Dividend Stocks

A 6.3% Dividend Stock Paying Cash Every Month

| Amy Legate-Wolfe

Freehold offers a 6%+ monthly dividend backed by royalties, not operating wells, but oil prices still control the story.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How I’d Structure My TFSA With $14,000 for Constant Income

| Amy Legate-Wolfe

Two monthly payers can turn $14,000 in a TFSA into frequent cash deposits, but diversification and payout safety matter more…

Read more »

drinker sniffs wine in a glass
Dividend Stocks

How I’d Invest $250,000 in Canadian Dividend Stocks for Lifelong Income

| Amy Legate-Wolfe

A strong retirement portfolio is built to keep paying for decades, not just to chase today’s highest yield.

Read more »

Trans Alaska Pipeline with Autumn Colors
Energy Stocks

Ignite Your TFSA Retirement Savings With This 4% Dividend Stock

| Amy Legate-Wolfe

A tiny quarterly dividend can quietly grow into serious retirement income when it compounds inside a tax-free TFSA.

Read more »

four people hold happy emoji masks
Dividend Stocks

Just Released: 5 Top Stocks to Buy in August

| Amy Legate-Wolfe

August will bring five very different earnings “report cards,” and the numbers will show which stories are holding up.

Read more »

TFSA (Tax-Free Savings Account) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

How Much TFSA Income Is Too Much for OAS Eligibility?

| Amy Legate-Wolfe

TFSA withdrawals can be huge in retirement without triggering any OAS clawback, because the CRA doesn’t count TFSA income as…

Read more »

bank of canada governor tiff macklem
Metals and Mining Stocks

1 Stock That Could Surge as Canada Launches Tariff Retaliation

| Amy Legate-Wolfe

Tariffs could tilt more Canadian steel orders toward Algoma, but only if its turnaround and new furnaces deliver in time.

Read more »

a woman sleeps with her eyes covered with a mask
Dividend Stocks

This 7.5% Monthly Dividend Stock Could Be a TFSA Investor’s Dream

| Amy Legate-Wolfe

Firm Capital’s 7.5% monthly yield looks tempting, but the real test is whether its big manufactured-home deal finally strengthens distribution…

Read more »

woman checks off all the boxes
Dividend Stocks

I’d Put My Entire TFSA Contribution Into This 6% Monthly Passive-Income Stock

| Amy Legate-Wolfe

Your TFSA can collect monthly “rent” from SmartCentres’s shopping centres, without the calls about broken toilets.

Read more »

Two seniors float in a pool.
Dividend Stocks

5 Top Canadian Stocks to Buy in August

| Amy Legate-Wolfe

Even with the TSX near record highs, several quality names are still down from highs and could be worth watching…

Read more »

woman gazes forward out window to future
Investing

The Only 3 Canadian Stocks I’d Hold Forever

| Amy Legate-Wolfe

Three “forever” Canadian stocks could anchor a portfolio by owning essential power, hard-to-replicate waste assets, and world-class investing platforms.

Read more »

Rocket lift off through the clouds
Tech Stocks

Got $5,000? Top Canadian Stocks to Buy Right Now

| Amy Legate-Wolfe

A $5,000 TFSA starter portfolio could pair Dollarama’s steady growth with MDA Space’s higher-upside space cycle.

Read more »

A person builds a rock tower on a beach.
Dividend Stocks

2 Dividend Stocks to Buy for Lifetime Income

| Amy Legate-Wolfe

Inflation can quietly shrink dividend buying power, so investors need high yield plus dividend growth and solid coverage.

Read more »

Soundhound AI is a leader in voice recognition software
Dividend Stocks

How Much You Really Need in a TFSA to Make $800 a Month

| Amy Legate-Wolfe

Getting $800 a month tax-free in a TFSA is possible, but the needed balance depends on yield and risk.

Read more »

Yellow caution tape attached to traffic cone
Retirement

5 CRA Red Flags That Could Put High-Income Seniors Under Review

| Amy Legate-Wolfe

CRA reviews can be triggered by simple mismatches, and a TFSA can help seniors earn income without adding to taxable…

Read more »

dividend stocks are a good way to earn passive income
Dividend Stocks

I’d Put My Entire TFSA Into This 6% Dividend Giant

| Amy Legate-Wolfe

Peyto’s 5.6% monthly dividend looks well covered today, but natural gas cycles mean you still need diversification.

Read more »

concept of growth
Dividend Stocks

The 11% Monthly Dividend That Beats Every GIC Rate

| Amy Legate-Wolfe

An 11% yield sounds like a GIC killer, but HMAX gets it by taking stock-market risk and capping upside.

Read more »

senior man and woman stretch their legs on yoga mats outside
Dividend Stocks

CPP and OAS Aren’t Enough: Here’s How to Fill the Retirement Income Gap

| Amy Legate-Wolfe

CPP and OAS leave most retirees with an income gap, and a TFSA dividend stock like Sun Life could help…

Read more »

Dividend Stocks

What Investors Should Know About Canadian Bank Stocks Before Rates Fall

| Amy Legate-Wolfe

Rate cuts can squeeze bank margins, but BMO’s improving credit trends and fee businesses could help it navigate the cycle.

Read more »

A solar cell panel generates power in a country mountain landscape.
Dividend Stocks

2 Dividend Stocks Worth Holding for the Next 7 Years

| Amy Legate-Wolfe

Two Canadian dividend growers could turn 28 quarterly cheques into a bigger income stream as AI power demand and Asian…

Read more »

senior relaxes in hammock with e-book
Dividend Stocks

A Canadian Dividend Stock Down 59% to Buy and Hold for Retirement

| Amy Legate-Wolfe

BCE’s “boring” dividend reputation cracked, but a reset payout and a turnaround plan could still interest retirees.

Read more »

monthly calendar with clock
Dividend Stocks

TFSA Investors: 1 Perfect Monthly Dividend Stock With a 6% Yield

| Amy Legate-Wolfe

SmartCentres could give TFSA investors a 6% monthly “rent cheque” without the midnight repair calls.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

An 11% Monthly Passive-Income Stock I’d Put My Whole TFSA Contribution Into

| Amy Legate-Wolfe

Timbercreek’s +11% yield can turn a $7,000 TFSA contribution into about $65 a month, but the payout coverage is tight.

Read more »

Canadian investor contemplating U.S. stocks with multiple doors to choose from.
Dividend Stocks

The Perfect TFSA Stock: A 5% Yield With Monthly Paycheques

| Amy Legate-Wolfe

A TFSA holding Choice Properties can create a tax-free monthly “second paycheque” with a yield near 5%, but tenant concentration…

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

A 4.6% Dividend Stock That Pays Cash Monthly

| Amy Legate-Wolfe

Whitecap’s 4.6% monthly dividend looks tempting, but it only works if oil and gas cash flow holds up.

Read more »

The sun sets behind a power source
Dividend Stocks

Buy the Dip: 1 Utility Stock That Looks Like a Steal After Falling 21%

| Amy Legate-Wolfe

TransAlta’s 23% pullback looks tied to a share issuance, but long-term electricity demand and contracted growth are still building.

Read more »

A glass jar resting on its side with Canadian banknotes and change inside.
Retirement

Canadians: Here’s How Much You Need Saved in Your TFSA to Retire

| Amy Legate-Wolfe

Building a comfortable TFSA-funded retirement can take hundreds of thousands, but CPP and OAS cover a big starting chunk.

Read more »

woman checks off all the boxes
Dividend Stocks

This TSX Dividend Stock Is Down 20% and Worth Holding for Decades

| Amy Legate-Wolfe

Nutrien’s 16% drop has pushed its yield above 1.8%, just as fertilizer demand stays essential for feeding the world.

Read more »

pig shows concept of sustainable investing
Dividend Stocks

How to Use a TFSA to Bring in $500 a Month Completely Tax-Free

| Amy Legate-Wolfe

A high-yield TFSA ETF like ZWC can turn accumulated contribution room into a tax-free $500 monthly income stream.

Read more »

woman considering the future
Stocks for Beginners

Here’s What Retirement Savings Often Look Like for Canadians at 55

| Amy Legate-Wolfe

At 55, national “average” balances matter less than how much income your assets can reliably produce.

Read more »

A woman stands on an apartment balcony in a city
Dividend Stocks

Here’s What the Typical Canadian’s TFSA Balance Looks Like at 60

| Amy Legate-Wolfe

A $45,000 TFSA at age 60 isn’t “done," many Canadians still have plenty of room to build it before 65.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

A Canadian Dividend Stock Down 34% I’d Buy for Retirement Income

| Amy Legate-Wolfe

Nutrien’s 35% drop from its 2022 high could offer upside plus income, but only if fertilizer fundamentals keep improving.

Read more »

Piggy bank and Canadian coins
Retirement

Freedom 55: How Do Your TFSA and RRSP Savings Stack Up?

| Amy Legate-Wolfe

Freedom 55 can work, but you’ll need a “bridge” portfolio to cover years before CPP and OAS start.

Read more »

A child pretends to blast off into space.
Tech Stocks

2 Canadian Stocks That Could Surge Before 2026 Ends

| Amy Legate-Wolfe

Two smaller Canadian growth stocks could get a boost from upcoming results and big deals tied to data-centre power and…

Read more »