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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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Air Canada Takes Off Again After Strike Resolution


Air Canada is preparing to relaunch its full flight schedule after a government-led intervention brought an end to a strike that had grounded planes and stranded passengers across the country.

The walkout, led by unionized airline staff, had disrupted operations for several days, sparking widespread travel delays at major airports. Negotiations had stalled until federal mediators stepped in, prompting both sides to agree to a resolution.

Officials say the settlement addresses key labor concerns while ensuring continuity of service. The carrier is now working to rebook affected customers and stabilize operations in the coming days. For many travellers, the announcement signals a welcome return to normal — and the possibility of finally making it to their long-delayed destinations.


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