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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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U.S. Supreme Court Ruling on Presidential Immunity: Key Implications for Donald Trump

 

The recent U.S. Supreme Court ruling on immunity has significant implications for presidential power and accountability. Here are some key facts from the ruling:

  1. Presidential Immunity: The majority ruling states that presidents, including former President Donald Trump, have immunity from criminal prosecution when carrying out “official acts.” However, there is no immunity for unofficial acts. This decision is based on the constitutional separation of powers and the nature of presidential authority.

  2. Partisan Split: The ruling fell along partisan lines, with the six conservative justices voting in favor of immunity and the three liberal justices dissenting.

  3. Impact on Trump: In the short term, this ruling almost certainly helps Trump avoid further trials before the 2024 general election. The case has been sent back to the U.S. District Court for the District of Columbia to determine which elements of the indictment count as official and unofficial acts. Trump can use this opinion as a defense.

  4. Campaign Trail: Given the ongoing presidential campaign, this issue is likely to be a topic of discussion. Both political parties have raised concerns about perceived abuses of presidential power.

  5. Public Perception: By stating that presidents are not immune from prosecution for personal acts, the court emphasizes that the highest office in the land is subject to the same legal standards as everyone else.

In summary, the ruling creates a balance between immunity for official acts and accountability for personal conduct, impacting Trump’s pending criminal cases and shaping the public’s view of presidential power. 

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