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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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Eid Brings a Brief Calm as Pakistan and Afghanistan Agree to Ceasefire

Taliban soldiers sit next to an anti-aircraft gun while on lookout for Pakistan's fighter jets, in Khost province, Afghanistan.

In a rare moment of de‑escalation, Pakistan and Afghanistan have agreed to temporarily halt hostilities ahead of Eid al‑Fitr, offering a brief respite after weeks of intensifying cross‑border tensions. 

The ceasefire—requested by Saudi Arabia, Qatar, and Turkey—comes after a series of deadly incidents, including a controversial Pakistani airstrike on a Kabul drug rehabilitation hospital that Afghan officials say killed hundreds. The pause is set to last through the Eid holiday, beginning at midnight on Wednesday and continuing until Monday. 

Officials in Islamabad described the move as a “gesture of good faith,” expressing hope that the truce will allow civilians on both sides to observe the holiday in peace. Kabul, meanwhile, held mass funerals for victims of the recent strike as it announced its own halt to fighting. 

While the ceasefire offers a momentary calm, it remains uncertain whether it will pave the way for longer‑term dialogue between the two neighbors, whose relations have been strained by accusations of cross‑border militancy and retaliatory attacks.


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