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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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Sánchez Warns Trump Against Escalating Middle East Conflict

 

                                           Spanish Prime Minister Pedro Sanchez



Spanish Prime Minister Pedro Sánchez issued a stark warning to U.S. President Donald Trump, urging him not to “play Russian roulette with the destiny of millions” as tensions rise over the ongoing conflict involving Iran. His remarks came after Trump threatened to cut trade ties with Spain in response to Madrid’s opposition to U.S. and Israeli strikes on Iranian targets. 

Sánchez condemned the military actions as reckless and illegal, emphasizing that such decisions risk triggering humanitarian disaster across the region. He reiterated Spain’s refusal to allow U.S. forces to use its southern bases for operations linked to the offensive, a move that further strained relations between the two NATO allies. 

In a televised address, Sánchez stressed that history has shown how major global catastrophes often begin with unchecked escalation. His message underscored Spain’s commitment to de-escalation and its refusal to become, in his words, a “vassal” in a conflict it believes endangers millions of lives.  News


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