May 22 (Reuters) - Futures for Canada's main stock index

were subdued on Thursday, as investors remained cautious ahead

of an important vote in the U.S. on President Donald Trump's

"big beautiful" tax bill.

June futures on the S&P/TSX index were up 0.05% at

6:05 a.m. ET (1005 GMT).

Trump's sweeping tax and spending bill cleared a crucial

hurdle on Thursday and is expected to be voted on in the House

of Representatives later in the morning, while investors worry

it could add about $3.8 trillion over the next decade to the

$36.2 trillion U.S. debt burden.

U.S. long-dated bond yields steadied near their highest in

18 months, a day after soft demand for a sale of 20-year bonds,

further intensifying market worries about a worsening fiscal

outlook in the world's biggest economy.

On Wednesday, Canada's finance minister François-Philippe

Champagne said he had a good meeting with U.S. Treasury

Secretary Scott Bessent and that both were pleased with the

progress they were making. This follows Trump and Prime Minister

Mark Carney's agreement earlier this month to initiate serious

talks on a new relationship.

In commodities, oil prices fell 1% and copper prices in

London edged lower.

Gold prices extended gains for the fourth straight session.

In corporate news, TD Bank reported a fall in

second-quarter profit, as the Canadian lender stockpiled money

to cover for potential bad loans in an uncertain economic

environment.

Canada's main stock index pulled back from a record high on

Wednesday as long-term borrowing costs climbed and investors

took stock of recent gains for the market.

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