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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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Drones Patrol Greek Beaches to Tackle Sunbed Overcrowding


Greek beaches, once synonymous with sunbed-covered shores, are now witnessing a crackdown enforced by drones. These unmanned aerial vehicles are on a mission to restore order and combat overcrowding caused by unauthorized sunbeds and umbrellas.

Overcrowding and Unauthorized Businesses

In recent years, Greek public beaches have fallen victim to fly-by-night businesses that set up sunbeds and umbrellas without proper permits. These establishments charge beachgoers for services while encroaching on public spaces. Locals have grown increasingly frustrated, leading to citizen-led movements like “The Beach Towel Movement” and “Free Beaches for All.”

The Drone Solution: Enforcing New Legislation 

To address this issue, the Greek government introduced legislation in March. Drones now patrol popular beaches, including those on the Athens Riviera, Mykonos, Santorini, and Corfu. Their mission? Detecting illegally placed sunbeds and umbrellas. Citizens also assist by using the MyCoast digital app to report violations.

Legal Requirements and Fines 

The new law mandates that Greek beaches must be 70% sunbed-free (or 85% in protected areas). Violators face hefty fines. For instance, a business operating without a license on Thymari beach received a €220,000 penalty—an hour’s drive south of Athens.

Balancing Tourism and Environment 

Greek Minister of National Economy and Finance Kostis Hatzidakis emphasizes the need to protect both the environment and citizens’ right to free beach access. By enforcing rules, Greece aims to preserve its pristine coastlines while supporting responsible entrepreneurship.

In summary, drones are now the guardians of Greek beaches, ensuring that sunbeds don’t crowd out the natural beauty that draws tourists from around the world. 

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