(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.

(Reporting by Khushi Singh; Editing by Vijay Kishore)