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

Deadly Train Collision Shocks Spain, Dozens Killed

                                      Emergency services at work at the deadly site in Cordoba province.

Spain is mourning after a devastating collision between two high‑speed trains left at least 39 people dead and many more injured. The crash occurred near the town of Adamuz in Córdoba, where a Málaga‑to‑Madrid train derailed and was struck moments later by an oncoming service traveling on the adjacent track.

Rescue teams worked through the night, navigating mangled metal and overturned carriages as they searched for survivors. More than 480 passengers were believed to be on board the two trains combined, and officials warn the death toll could rise as recovery efforts continue.

Investigators are focusing on why the first train derailed on a section of track considered low‑risk and recently upgraded. National authorities have activated mass‑casualty protocols, including specialized forensic teams to help identify victims.

The tragedy has prompted widespread grief and renewed scrutiny of rail safety standards. Government leaders have pledged a full investigation, calling the event one of the darkest days for Spain’s modern rail network.

Labels:

Comments

Post a Comment