Yvan Baker
Yvan Baker
Member of Parliament for Etobicoke Centre
the Bank of Canada lowered its overnight rate by 0.25% to 4.75%
June 5, 2024
 
BREAKING NEWS: On June 5th 2024, the Bank of Canada lowered its overnight rate by 0.25% to 4.75%. Canada is the first G7 country to cut interest rates.
 
This marks an important turning point in our fight against inflation and will be welcome news for many Canadians.
 
Our responsible plan to create the economic conditions for interest rates to come down is working. We’re on the right path.
Main office - Etobicoke
577 Burnhamthorpe Road, Suite 2
Etobicoke, Ontario
M9C 2Y3

Telephone:
416-249-7322

Fax:
416-249-6117
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Hill Office
House of Commons
Ottawa, Ontario
K1A 0A6

Telephone:
613-947-5000

Fax:
613-947-4276
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