May 16 (Reuters) - Canada's main stock index opened

higher on Thursday, as markets cheered on renewed rate cut bets

after Wednesday's softer-than-expected U.S. inflation data,

while shares of luxury apparel group Canada Goose rose

after fourth-quarter revenue and profit beat.

At 9:32 a.m. ET (13:32 GMT), the Toronto Stock Exchange's

S&P/TSX composite index was up 31.08 points, or 0.14%,

at 22,315.84.