The Ski-Doo maker said it faces 25 per cent tariffs on the majority of its off-road vehicles, potentially costing a total of $500 million, due to changes in U.S. regulations that came into effect earlier this month. (The Logic)
Talking point: BRP stock fell by 35 per cent, to $69.83, on the news it was pulling its guidance for the fiscal year ending in January of 2027. The Quebec-based company also suspended its outlook last spring due to uncertainty over tariffs, but wound up posting annual net income up 191 per cent on sales up 16 per cent. It builds most of its vehicles in Mexico, making it vulnerable to tariffs in the U.S., its biggest market.
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