Skip to main content

Featured

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,...
Post a Comment
Read more

article

Labels

Ukraine Deploys Elite Forces to Defend Strategic Hub of Pokrovsk

 

FILE PHOTO: Ukrainian service members of the 33rd Separate Mechanised Brigade practice firing an anti-tank guided missile weapon system MILAN as they attend a military drill near a frontline, amid Russia's attack on Ukraine, in Donetsk region, Ukraine June 13, 2024.


Ukraine has launched a daring operation to reinforce its defenses in the embattled eastern city of Pokrovsk, deploying special forces by helicopter earlier this week, according to Ukrainian military sources.

The move comes as Russian forces intensify their push into Donetsk, with Moscow claiming to have surrounded Ukrainian troops in the area. Pokrovsk, a vital road and rail hub, has become a focal point of the conflict, as its capture could open the way for deeper Russian advances into the Donbas region.

A video circulating online appears to show at least 10 Ukrainian servicemen disembarking from a Black Hawk helicopter in an open field near the contested city. The operation was reportedly overseen by Kyrylo Budanov, Ukraine’s military intelligence chief, and carried out under difficult conditions due to Russian drone surveillance and artillery fire.

Military analysts note that the deployment underscores Kyiv’s determination to stabilize the front lines and prevent Pokrovsk from falling into Russian hands. The city has been under mounting pressure after weeks of heavy fighting, with Russian troops breaching its perimeter earlier this month.

While Ukraine has not officially confirmed the details of the operation, the landing of special forces highlights the high-stakes battle for control of Donetsk. Russia, for its part, has claimed that its forces destroyed the Ukrainian unit sent into Pokrovsk, though these assertions remain unverified.

The situation in Pokrovsk remains fluid, with both sides framing the battle as pivotal to the wider war effort. For Ukraine, holding the city is essential to maintaining supply lines and preventing further Russian encirclement. For Russia, seizing it would mark a significant step toward consolidating control over the Donbas.


Labels:

Comments

Post a Comment