Making sense of the Bank of Canada interest rate cut on June 5, 2024 - MoneySense
How the Bank of Canada’s June 5 rate cut will impact Canadians, and what to know whether you’re a borrower, investor or saver.
![Making sense of the Bank of Canada interest rate cut on June 5, 2024 - MoneySense](https://www.moneysense.ca/wp-content/uploads/2024/06/bank-of-canada-rate-announcement-june-5-2024.jpg?#)
![](https://www.moneysense.ca/wp-content/uploads/2024/06/bank-of-canada-rate-announcement-june-5-2024.jpg)
How the Bank of Canada’s June 5 rate cut will impact Canadians, and what to know whether you’re a borrower, investor or saver.