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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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Global Alert Issued for LGBTQ2 Safety Amid Rising Threats

The U.S. State Department recently issued a worldwide security alert, raising concerns about the safety of LGBTQ2 individuals and events abroad. The alert comes in response to an increased risk of “foreign terrorist organization-inspired violence” targeting LGBTQ2 communities. As we approach Pride Month, both Canada and the United States are on high alert.

The State Department advises U.S. citizens overseas to exercise increased caution, especially in locations frequented by tourists and during Pride celebrations. While the department did not provide specific details on the threat, it underscores the importance of vigilance and awareness for LGBTQ2 travelers.

U.S. Secretary of State Antony Blinken emphasized the ongoing challenges faced by LGBTQ2 people, including discrimination and violence. He reaffirmed their universal human rights and dignity, urging global recognition and support.

In Canada, Prime Minister Justin Trudeau acknowledged progress but highlighted the need for continued efforts to create a safer, more inclusive environment. While Canada has not issued a similar global travel warning, its website offers advice for LGBTQ2 travelers facing potential barriers and risks abroad.

As we stand together against discrimination and violence, let us remain vigilant and committed to ensuring the safety and well-being of LGBTQ2 communities worldwide.

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