Form SCHEDULE 13G/A BRP Inc. Filed by: 4338618 Canada Inc.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 5)*
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BRP Inc. (Name of Issuer) |
Subordinate Voting Shares (Title of Class of Securities) |
(CUSIP Number) |
03/31/2026 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
| Rule 13d-1(b) |
| Rule 13d-1(c) |
| Rule 13d-1(d) |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
4338618 Canada Inc. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
21,709,901.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
29.69 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
The amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. The percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Beaudier Inc. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
21,709,901.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
29.69 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
The amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. The percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Laurent Beaudoin | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
21,709,901.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
29.69 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. The percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Claire Bombardier Beaudoin | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
21,709,901.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
29.69 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. The percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
J.R. Andre Bombardier | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
21,709,901.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
29.69 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. The percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Huguette Bombardier Fontaine | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
21,709,901.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
29.96 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. The percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Janine Bombardier | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
21,709,901.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
29.69 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. The percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares.
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
BRP Inc. | |
| (b) | Address of issuer's principal executive offices:
726 Saint-Joseph Street Valcourt, Quebec, J0E 2L0 | |
| Item 2. | ||
| (a) | Name of person filing:
This Schedule 13G/A is being filed jointly by Beaudier Inc., 4338618 Canada Inc., Laurent Beaudoin, Claire Bombardier Beaudoin, J.R. Andre Bombardier, Huguette Bombardier Fontaine and Janine Bombardier.
Prior versions of this Schedule 13G/A also included Multiple Voting Shares owned by Beaudier Holdings LP, however effective March 31, 2026, Beaudier Holdings LP was liquidated into Beaudier Inc. such that the 800,000 Multiple Voting Shares previously owned by Beaudier Holdings LP are now included in Beaudier Inc.'s ownership totals. | |
| (b) | Address or principal business office or, if none, residence:
Beaudier Inc.
4300-1000 De La Gauchetiere Street West
Montreal, Quebec Canada, H3B 4W5
4338618 Canada Inc.
1535-800 Rene-Levesque Blvd. West
Montreal, Quebec, Canada, H3B 1X9
Laurent Beaudoin
Beaudier Inc.
4300-1000 De La Gauchetiere Street West
Montreal, Quebec, Canada, H3B 4W5
Attention : Laurent Beaudoin, President
Claire Bombardier Beaudoin
Beaudier Inc.
4300-1000 De La Gauchetiere Street West
Montreal, Quebec, Canada, H3B 4W5
Attention : Claire Bombardier Beaudoin, Vice-president
J.R. Andre Bombardier
4338618 Canada Inc.
1535-800 Rene-Levesque Blvd. West
Montreal, Quebec, Canada, H3B 1X9
Attention : J.R. Andre Bombardier, President
Huguette Bombardier Fontaine
Fonds Achbee Inc.
1130-1130 Sherbrooke Street West
Montreal Quebec, Canada, H3A 2M8
Attention: Huguette Bombardier Fontaine, President
Janine Bombardier
Jadier Inc.
1603-1115 Sherbrooke Street West
Montreal, Quebec, Canada, H3A 1H3
Attention : Janine Bombardier, President | |
| (c) | Citizenship:
See Item 4 of the cover pages attached hereto for each person filing. | |
| (d) | Title of class of securities:
Subordinate Voting Shares | |
| (e) | CUSIP No.:
| |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); | |
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). | |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
See Item 9 of the cover pages attached hereto for each person filing. For all calculations, the amount in Row 9 represents the number of Multiple Voting Shares of the Issuer that could be deemed to be beneficially owned by the reporting person. Such Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at any time at the option of the holders thereof, and automatically in certain other circumstances. As of December 31, 2025, the date of the most recent publicly available information, the Issuer had 34,819,204 Multiple Voting Shares outstanding and 38,303,785 Subordinate Voting Shares outstanding. | |
| (b) | Percent of class:
See Item 11 of the cover pages attached hereto for each person filing. For all calculations, the percentage in Row 11 assumes all outstanding Multiple Voting Shares that could be deemed to be beneficially owned by the reporting persons are converted into Subordinate Voting Shares for a theoretical total of 73,122,989 outstanding Subordinate Voting Shares. %
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| (c) | Number of shares as to which the person has:
| |
| (i) Sole power to vote or to direct the vote:
See Item 5 of the cover pages attached hereto for each person filing. | ||
| (ii) Shared power to vote or to direct the vote:
See Item 6 of the cover pages attached hereto for each person filing. | ||
| (iii) Sole power to dispose or to direct the disposition of:
See Item 7 of the cover pages attached hereto for each person filing. | ||
| (iv) Shared power to dispose or to direct the disposition of:
See Item 8 of the cover pages attached hereto for each person filing. | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various individuals beyond the reporting persons identified in this Schedule 13G/A may have the right to receive dividends received by Beaudier Inc. or 4338618 Canada Inc. from the Issuer, or the proceeds from the sale of the Issuer's securities held by Beaudier Inc. or 4338618 Canada Inc. None of such interests relate to more than 5% of the class of Subordinate Voting Shares of the Issuer. | ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See attached Exhibit A.
Prior versions of this Schedule 13G/A also included Multiple Voting Shares owned by Beaudier Holdings LP, however effective March 31, 2026, Beaudier Holdings LP was liquidated into Beaudier Inc. such that the 800,000 Multiple Voting Shares previously owned by Beaudier Holdings LP are now included in Beaudier Inc.'s ownership totals. As a result, Beaudier Holdings LP is no longer a member of the group filing this Schedule 13G/A. | ||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Exhibit Information
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Exhibit A
Beaudier Inc.
4338618 Canada Inc.
Laurent Beaudoin
Claire Bombardier Beaudoin
J.R. Andre Bombardier
Huguette Bombardier Fontaine
Janine Bombardier |