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A Canadian Dividend Stock Is Leaving Canada — What Algonquin Power's US Move Means for Your RRSP and TFSA

  Published August 9, 2026 Algonquin Power's move to Delaware could change how your dividends are taxed — and whether index funds keep holding the stock at all. If you've owned Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) in your RRSP or TFSA for the dividend, pay attention this week. On Friday, August 7, the Oakville, Ontario-based utility announced it plans to leave Canada — reincorporating as a Delaware company with its head office moving to Chicago. It's not a rumour or a boardroom leak. It came straight from the company's own Q2 2026 earnings release, and CEO Rod West was blunt about the reasoning: more than 80% of Algonquin's operations are now in the United States, with less than 5% left in Canada. The plan is to align the corporate address with where the business actually lives. What's actually changing Here's the plan as Algonquin has laid it out: The company would formally "continue" out of Canada and reincorporate in Delaware,...

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10 Smart Grocery Shopping Hacks to Combat Inflation

10 Smart Grocery Shopping Hacks to Combat Inflation

1. Plan Your Meals and Make a List:

Creating a weekly meal plan and shopping list can significantly reduce impulsive purchases and ensure you only buy what you need. By knowing what ingredients you require, you'll avoid wasting money on items that might go unused or spoil before they can be consumed.


2. Shop with Coupons and Discounts:

Look out for coupons and discounts in newspapers, mobile apps, and online platforms. Many stores offer loyalty programs or reward cards that provide exclusive discounts to regular customers. Utilize these deals to save on your grocery bills.


3. Buy in Bulk for Non-Perishable Items:

For items with a long shelf life, such as canned goods, grains, and toiletries, consider buying in bulk. Purchasing larger quantities can often result in substantial savings per unit, lowering your overall grocery expenses.


4. Compare Prices and Brands:

Be a smart shopper by comparing prices and brands. Sometimes, store brands can be just as good as their more expensive counterparts. Additionally, exploring different stores for the best deals can help you find the most budget-friendly options.


woman holding cash in grocery store

5. Shop Seasonal and Local Produce:

Seasonal and locally sourced produce tends to be fresher and cheaper than items imported from afar. By choosing local options, you support the community and save on transportation costs, contributing to lower grocery expenses.


6. Opt for Frozen and Canned Fruits and Vegetables:

While fresh produce is desirable, frozen and canned alternatives are often more affordable and have a longer shelf life. These options are just as nutritious and can be incorporated into various recipes.


7. Avoid Shopping on an Empty Stomach:

Shopping while hungry can lead to impulsive and unnecessary purchases. Eat a light meal or snack before heading to the grocery store to maintain better control over your spending.


8. Join Wholesale Clubs:

Consider becoming a member of wholesale clubs, where you can find products in larger quantities at discounted prices. Splitting the cost and items with family or friends can help you save even more.


9. Embrace Meat Alternatives:

Meat can be a significant portion of your grocery bill. Experiment with plant-based protein options, such as legumes, tofu, or seitan, which are often more budget-friendly without compromising on nutrition.


10. Use Cashback Apps and Reward Programs:

Take advantage of cashback apps and reward programs that offer rebates or points for grocery purchases. Accumulate these rewards and use them to save on future grocery trips.




As inflation continues to impact our daily lives in 2023, employing these grocery shopping hacks can make a substantial difference in reducing your expenses. By planning ahead, being resourceful, and staying mindful of your purchases, you can weather the high-rising inflation and still provide your family with nutritious and satisfying meals without breaking the bank. Happy shopping!





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