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Canada's S&P/TSX Composite Index opened higher, led by mining shares, as softer-than-expected US inflation data reduced expectations for another Federal Reserve interest rate hike next month. The index rose 0.2% in early trading.
BRP said second-quarter revenue was $2.2 billion and normalized EBITDA was $139 million, with results ahead of expectations despite a $145 million net tariff impact. The company lifted full-year revenue and normalized EPS guidance.