{"id":711911,"date":"2026-06-03T09:01:11","date_gmt":"2026-06-03T09:01:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/711911\/"},"modified":"2026-06-03T09:01:11","modified_gmt":"2026-06-03T09:01:11","slug":"news-of-the-day-trump-tariff-shake-up-automatic-tax-filing-a-technical-recession-robinhood-comes-to-canada-metro-ceo-to-retire-and-much-more","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/711911\/","title":{"rendered":"News of the day: Trump tariff shake-up, automatic tax-filing, a technical recession, Robinhood comes to Canada, Metro CEO to retire and much more"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">It\u2019s Tuesday, June 2. Here are the top stories we\u2019re following today.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/trump-cuts-some-tariffs-steel-aluminum-copper-products\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Trump shakes up tariff regime for steel, aluminum and copper;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Trump shakes up tariff regime for steel, aluminum and copper&quot;}\" class=\"link \">Trump shakes up tariff regime for steel, aluminum and copper<\/a><\/p>\n<p class=\"yf-1fy9kyt\">United States President Donald Trump says he\u2019s relaxing tariffs on certain products that use steel, aluminum and copper, such as agricultural machinery and HVAC equipment, to 15 per cent from 25 to provide economic relief for sectors that use these products.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/trump-cuts-some-tariffs-steel-aluminum-copper-products\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/06\/4a63afe5a14e24ace1106560d26b91bf.webp\" alt=\" Due to the complexity of Canada\u2019s taxation system, the room to expand automatic filing is structurally tiny.\" loading=\"eager\" height=\"720\" width=\"960\" class=\"yf-lglytj  loaded\"\/>  Due to the complexity of Canada\u2019s taxation system, the room to expand automatic filing is structurally tiny.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/automatic-tax-filing-is-coming-but-the-governments-plan-still-misses-the-mark\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Automatic tax filing is coming, but the government\u2019s plan still misses the mark;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Automatic tax filing is coming, but the government\u2019s plan still misses the mark&quot;}\" class=\"link \">Automatic tax filing is coming, but the government\u2019s plan still misses the mark<\/a><\/p>\n<p class=\"yf-1fy9kyt\">The new automatic filing legislation is a start, but until we have comprehensive tax reform, it\u2019s just automating the symptom, writes Kim Moody.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/automatic-tax-filing-is-coming-but-the-governments-plan-still-misses-the-mark\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Bank of Canada governor Tiff Macklem attends a House of Commons Standing Committee on Finance meeting on Parliament Hill in Ottawa, May 4.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Bank of Canada governor Tiff Macklem attends a House of Commons Standing Committee on Finance meeting on Parliament Hill in Ottawa, May 4.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-back-recession-tiff-macklem-better-watching\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:David Rosenberg: Is Canada back in a recession? Tiff Macklem better be watching either way;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;David Rosenberg&quot;}\" class=\"link \">David Rosenberg: Is Canada back in a recession? Tiff Macklem better be watching either way<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Bank of Canada governor Tiff Macklem would be well-advised to start going easy on even hinting at any rate increase, because all he does with that sort of rhetoric is make the bond market jitter and cause an unnecessary tightening in financial conditions.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-back-recession-tiff-macklem-better-watching\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" The Robinhood Markets Inc. app shown on a cell phone.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  The Robinhood Markets Inc. app shown on a cell phone.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-finance\/cryptocurrency\/robinhood-trading-comes-canada-what-mean-investors\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Robinhood trading comes to Canada, but what does that mean for investors?;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Robinhood trading comes to Canada, but what does that mean for investors?&quot;}\" class=\"link \">Robinhood trading comes to Canada, but what does that mean for investors?<\/a><\/p>\n<p class=\"yf-1fy9kyt\">California-based financial services company Robinhood Markets Inc. completed its purchase of Toronto-based cryptocurrency trading platform WonderFi Technologies Inc. for $250 million this week, but that doesn\u2019t mean Canadians will be able to trade stocks on its popular platform anytime soon.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-finance\/cryptocurrency\/robinhood-trading-comes-canada-what-mean-investors\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Metro Inc. chief executive Eric La Fl\u00e8che addressing shareholders during the company\u2019s virtual annual meeting in 2022.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Metro Inc. chief executive Eric La Fl\u00e8che addressing shareholders during the company\u2019s virtual annual meeting in 2022.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/retail-marketing\/metro-ceo-eric-la-fleche-retire-september\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Metro CEO Eric La Fl\u00e8che to retire in September;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Metro CEO Eric La Fl\u00e8che to retire in September&quot;}\" class=\"link \">Metro CEO Eric La Fl\u00e8che to retire in September<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Metro Inc. chief executive Eric La Fl\u00e8che will retire from his role in late September after more than 18 years at the helm of the grocery giant, the company announced on Tuesday.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/retail-marketing\/metro-ceo-eric-la-fleche-retire-september\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s Tuesday, June 2. Here are the top stories we\u2019re following today. Trump shakes up tariff regime for&hellip;\n","protected":false},"author":2,"featured_media":711912,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[70184,45,49,48,1376,210710,46,258258],"class_list":["post-711911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-agricultural-machinery","tag-business","tag-ca","tag-canada","tag-donald-trump","tag-economic-relief","tag-economy","tag-kim-moody"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/711911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=711911"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/711911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/711912"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=711911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=711911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=711911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}