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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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Palestinian Prime Minister Shtayyeh Resigns: A Pivotal Moment for Palestinian Politics

 

In a significant development, Palestinian Prime Minister Mohammad Shtayyeh has submitted his resignation to Palestinian President Mahmoud Abbas. The move comes as the Palestinian Authority grapples with the aftermath of Israel’s war against the Islamist group Hamas in Gaza.

Shtayyeh, an academic economist who assumed office in 2019, cited the need for a broad consensus among Palestinians regarding political arrangements. The recent conflict in Gaza has underscored the urgency for reform and unity within the Palestinian leadership. Here are the key points:

  1. Context: The Palestinian Authority, established three decades ago under the interim Oslo peace accords, currently exercises limited governance over parts of the occupied West Bank. However, it lost control of Gaza in 2007 following a power struggle with Hamas.

  2. Emerging Reality in Gaza: Gaza has endured nearly five months of heavy fighting, leaving the region devastated. Shtayyeh emphasized that the next stage requires new governmental and political arrangements that account for this emerging reality in the Gaza Strip.

  3. National Unity Talks: Fatah, the faction controlling the Palestinian Authority, and Hamas have been engaged in efforts to reach an agreement over a unity government. A meeting in Moscow is scheduled for Wednesday to discuss governance for the Palestinians.

  4. U.S. Pressure and International Efforts: The resignation coincides with growing U.S. pressure on President Abbas to revitalize the Palestinian Authority. International efforts are underway to halt the fighting in Gaza and establish a stable political structure for the enclave.

While Shtayyeh’s resignation awaits acceptance by President Abbas, it marks a pivotal moment in Palestinian politics. As the nation grapples with challenges, the door to reforms swings open, inviting hope and uncertainty alike.


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