The article discusses various news updates in the business world. The markets in Wall Street and Toronto saw gains at the start of the week. The S&P 500, Dow Jones Industrial Average, and Nasdaq composite all ended the day with positive gains. In Toronto, the S&P/TSX composite index broke an eight-day losing streak. BlackBerry Ltd. saw an increase in share prices after its CEO announced retirement. The Canadian dollar also saw a slight increase in value. The price of crude oil dropped due to the ongoing conflict in the Middle East. Gold prices increased. BlackBerry’s CEO, John Chen, will retire this week and the company is searching for a permanent replacement. The Bank of Canada’s governor, Tiff Macklem, stated that government spending is making it harder to control inflation. The premier of Saskatchewan, Scott Moe, announced that the province will stop collecting the carbon tax if the federal government does not provide an exemption. Conservative Leader, Pierre Poilievre, called on the federal Liberals to exempt all forms of home heating from the carbon tax.
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