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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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Russia’s Strikes Push Ukraine’s Power Grid to the Brink

 

The Davydenko family pose for a picture wearing winter clothes in the kitchen of their apartment, which has no heating or hot water and experiences frequent power outages, in Kyiv

Russia has unleashed one of its largest coordinated assaults on Ukraine’s energy infrastructure, targeting power plants, substations, and transmission lines across the country. Ukrainian authorities reported hundreds of drones and dozens of missiles launched in waves, overwhelming air‑defense systems and causing widespread blackouts.

The attacks struck at a critical moment, as winter temperatures continue to drop and energy demand rises. Emergency outages were imposed in multiple regions, with repair crews unable to begin full restoration while strikes were still ongoing. Officials warned that the scale of the damage has deepened the national power deficit and could lead to prolonged disruptions.

President Volodymyr Zelenskyy condemned the bombardment, saying Russia is deliberately attempting to break civilian resilience by weaponizing cold weather. He urged Ukraine’s international partners to accelerate support for air defenses and energy repairs, stressing that millions of people are now facing winter with unstable access to heat and electricity.


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