"It's hitting home a little bit now for me. It is a real honor," Ames said at the Shaw Charity Classic, an event Ames helped start.
"It's the highlight of my career right now, an added trophy to the career that I've had, which is wonderful. At this stage right now, it's something to relish."
Ames is a citizen of Canada and Trinidad and Tobago, where he was born. He still has family there. Ames's grandmother was a golf champion of the twin island country.
"The Canadian Golf Hall of Fame seeks to recognize excellence as golfers, contributors and supporters of the game," said Ian Clarke of the Canadian Golf Hall of Fame Selection Committee. "Stephen Ames has excelled on the biggest stage in our sport and it is fitting that he will be recognized for his respective accomplishments."
Ames turned 50 in April but has continued to play events on the PGA Tour, without much recent success. His four tour titles included the 2006 Players Championship, an impressive six-shot victory over runner-up Retief Goosen.