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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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Humanitarian Crisis Deepens in Gaza Amid Escalating Conflict

In a tragic escalation of violence, an Israeli airstrike in Gaza has claimed the lives of at least 23 people, including a family of 10. The victims, five children, four women, and a man, were killed in Khan Younis, a southern city in Gaza. The United Nations has raised alarms over the worsening humanitarian crisis, as a six-week blockade has left over two million residents struggling to access basic necessities like food and water.

The blockade has severely disrupted food supplies, forcing most of Gaza's population to rely on charity kitchens for their daily meals. The World Food Program reports that 80% of the population depends on humanitarian aid, with many now surviving on just one meal a day. Water scarcity has also reached critical levels, with residents queuing for hours to collect minimal amounts from trucks.

Israeli officials have stated that the blockade and airstrikes are part of their strategy to pressure Hamas, which they accuse of operating within residential areas and misusing aid. However, the impact on civilians has drawn widespread concern from international organizations, highlighting the urgent need for a resolution to the conflict.

The situation in Gaza underscores the devastating human cost of prolonged hostilities, with families and communities bearing the brunt of the violence and deprivation.

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