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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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Carney Steps Into Key Role on Trump’s New Gaza ‘Board of Peace’

 

Palestinians walk amid buildings destroyed by Israeli air and ground operations in Gaza City on January 6, 2026. 

Former Bank of England governor Mark Carney has agreed to join U.S. President Donald Trump’s newly created Board of Peace, an international body tasked with shaping Gaza’s political and economic future after the recent ceasefire. A Canadian official confirmed the decision, describing it as part of a broader diplomatic effort to stabilize the region.

The Board of Peace is designed to coordinate reconstruction, support interim governance, and work with regional partners as Gaza transitions out of conflict. Early members include senior U.S. officials and international figures with experience in diplomacy and post‑conflict planning.

Carney’s involvement is expected to focus on economic strategy, institutional rebuilding, and long‑term development frameworks. His background in global finance and crisis management has been cited as a key reason for the invitation.

A Palestinian technocratic committee has already begun meeting in Cairo to outline immediate administrative steps, signaling the start of a complex and politically sensitive rebuilding phase. Carney’s participation adds another high‑profile voice to the international effort.


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