Slowing Economy Doesn't Deter Amy Legate-Wolfe's Picks for Canadian Stocks

Canada's economy has been experiencing a slowdown this year, with the Bank of Canada expecting GDP growth of just 0.7% and employment falling by 42,000 jobs in August.

Amy Legate-Wolfe from The Motley Fool Canada believes that a slowing economy doesn't mean it's time to stop investing, but rather to be pickier about what you own.

Two stocks that fit this description are Dollarama (TSX: DOL) and Waste Connections (TSX: WCN).

Dollarama operates 1,734 stores across Canada, with expanding businesses in Latin America, Mexico, and Australia. The company's value proposition becomes especially useful when household budgets tighten.

Canadian comparable-store sales increased 5.4% in the latest quarter, driven by a 3.7% increase in transactions. Diluted earnings per share (EPS) rose 11.2% to $1.29.