Mary Ng
Hon. Mary Ng
Member of Parliament for Markham—Thornhill
Bank of Canada Cuts Interest Rates
June 6, 2024
Today, 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 - Markham
16 Esna Park Drive Unit 107
Markham, Ontario
L3R 5X1

Telephone:
905-479-8100

Fax:
905-479-3440
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Office Hours
Mon: 10 a.m. — 4 p.m.
Tue: 10 a.m. — 4 p.m.
Wed: 10 a.m. — 4 p.m.
Thu: 10 a.m. — 4 p.m.
Fri: 10 a.m. — 1 p.m.
Sat: Closed
Sun: Closed

Hill Office
House of Commons
Ottawa, Ontario
K1A 0A6

Telephone:
613-996-3374

Fax:
613-992-3921
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