
Make-or-Break Canada Day Weekend Set to Deliver 30%+ Boost for Canada's Bar and Restaurant Owners
TORONTO--(BUSINESS WIRE)--The countdown to Canada's most celebrated summer holiday is on and, for bars and restaurants, this Canada Day long weekend could be a make-or-break moment. According to a new survey commissioned by Square, 72% of Canadians plan to spend more time vacationing in Canada and enjoying local restaurants this year—an increase attributed to the current political climate.
To help food and beverage sellers make the most of the busy holiday and succeed, technology company Square announced today it is launching its most powerful, portable point-of-sale device yet alongside a suite of industry-specific features and upgrades to empower Canadian businesses to move faster, deliver better customer experiences and grow.
According to newly-released Square data, Canada Day weekend is far more than just a celebration: it's an important revenue driver for the hospitality industry. In 2024, bars and restaurants using Square to run and grow their businesses saw a 36% nationwide sales jump over the July 1st holiday weekend—building on a 30% rise in 2023. The boost didn't stop there: after the long weekend, sales remained elevated above the annual average for the next two months—a crucial period for operators aiming to shore up their bottom lines before Fall.
Making the Most of Summer in Canada
This year, nearly three-quarters (72%) of surveyed Canadians anticipate spending more time in the country and at local restaurants, bars and pubs due to the current political climate—and almost half (47%) plan to 'make the most of summer in Canada.'
Square data analysts will be monitoring this possible patriotic halo effect on popular food and drink items sold during the Canada Day long weekend. Last year, mocktails, signature poutines, local craft brews, and cocktail pitchers dominated orders over the extended holiday period—setting the tone for a lively 2025 patio season.
New Square Handheld
Every dollar counts between Canada Day and Labour Day—this period represents roughly a quarter of annual sales for many independent bars and restaurants across the country. To help Canadian bars and restaurants make the most of the season, Square is launching Square Handheld, a powerful and pocketable point-of-sale device that weighs in at 0.34 kgs and is only 1.2 cm thick. For quick-service restaurants, that means cutting down on lines during a busy rush, and for full-service restaurants, it's taking orders tableside or from across the bar.
A durable-yet-elegant device, Square Handheld is designed to stand up to water splashes and dust, plus offers an optional case, designed by Belkin, for added protection against accidental drops. Built to handle the realities of a busy shift, it offers a battery built to last all day and both Wi-Fi and offline payments capabilities—ensuring businesses stay up and running. A camera with integrated barcode scanning capabilities also allows food and beverage businesses to take product pictures and quickly scan in retail offerings like merch or bottles of wine. By eliminating unnecessary trips between tables and the counter, Square Handheld enables servers to provide more attentive service and turn tables more efficiently during peak hours, leading to improved customer satisfaction and increased revenue.
"Square Handheld has made us dramatically faster. It's quick and easy to take orders and payment processing between customer and server is much more pleasant," said Itamar Shani, owner and chef at Chickpea Restaurant in Vancouver, B.C. "The device feels durable – it has high quality construction and no corners prone to chipping; it's definitely built to last."
Streamlining Front and Back of House
Square is also introducing additional new features and expanding its comprehensive partnership ecosystem to help restaurants streamline and grow their businesses even further:
Square's new Item Splitting feature saves time and ends the fuss when it's time to split the bill among guests. The new feature makes it easier and faster for staff to check out larger groups by reducing time spent calculating totals and waiting on guests to discuss shared costs.
Square's newly streamlined DoorDash Integration is built for accuracy and efficiency, from order to delivery. Now, sellers can manage menus, pricing, and orders – all within Square, with seamless real-time syncing to keep everything running smoothly.
With Scan to Pay QR codes on receipts, customers can scan and settle up without having to wait for busy servers to collect payment. That means restaurants can turn tables faster and staff have more time to serve diners.
With Multichannel menu management, Square sellers can now seamlessly edit and update menus across all locations and channels, both online and offline, in one centralized Dashboard.
Pre-authorized bar tabs streamline the checkout experience for customers, providing fast, hassle-free payments, while giving businesses added security against financial loss.
'Square has gone big in restaurants, and it shows, with our product velocity accelerating to include more restaurant-specific tools to help Canadian restaurant and bar owners capture every order, all while freeing up staff to spend more time serving customers,' said Ming-Tai Huh, Head of Food and Beverage at Square. 'Square is the technology backbone for hundreds of thousands of businesses across Canada, from neighbourhood cafés to national chains – and with this latest release, we're giving single unit and multi-unit restaurants the tools they need to operate efficiently and thrive in today's dynamic marketplace – on Canada Day long weekend and throughout the year.'
For more information on Square's recent product innovations and how they can help a single-location full-service restaurant, a busy multi-location quick-service restaurant, a bar or a multiconcept business, visit https://squareup.com/ca/en/townsquare/whats-new-2025.
Methodology
The national omnibus survey was conducted from May 2 to May 5, 2025, among a nationally representative sample of 1,626 Canadian residents aged 18 and older who are members of Leger's online panel, balanced and weighted on age, gender, region, education, and language. For comparison purposes, a probability sample of 1,626 respondents would have a margin of error of ±2.4%, 19 times out of 20.
Square analysis is from transaction data from hundreds of thousands of food and beverage sellers in Canada between January 2023 and December 2024.
About Square
Square makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit www.square.ca.

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Highlights During and After the Quarter During the three months ended April 30, 2025: • On February 9, 2025, the Company provided an update on a Rapid Development Plan ('RDP') for Norra Kärr, to be in production in the shortest possible timeframe, supplying HREE-rich eudialyte concentrate and industrial mineral nepheline syenite. • The Company provided an update on the value creation options being considered for Woxna Graphite, on February 16, 2025, including a possible restart of operations, the production of high-quality flake graphite concentrate. • On March 23, 2025, the Company provided a progress update on Norra Kärr, in the context of the European Commission's ('EC') Joint White Paper for European Readiness 2030, highlighting the increasing geopolitical competition over critical raw materials ('CRMs') and the need for the EU and its member states to build strategic reserves of raw materials. • On March 25, 2025, the EU announced its first list of Strategic Projects under the Critical Raw Materials Act ('CRMA'); Norra Kärr was not included. The Company stated its plan to reapply in the next round of applications. • On April 23, 2025, the Company announced granting of stock options (the 'Options') to directors, officers and consultants of the Company to purchase an aggregate of 6,850,000 common shares (the 'Optioned Shares') of the Company, at exercise price of C$0.24 per Optioned Share, expiring on the date that is 5 years from the date of grant for directors and officers and three years from the date of grant for consultants. The Options will vest 33% on the date of the grant, 33% one year after the date of grant and 34% two years after the date of grant. The Options were issued pursuant to the terms of the Company's Option Plan. Results of Operations Three Months Ended April 30, 2025, Compared to Three Months Ended January 31, 2025 During the three months ended April 30, 2025 ('Q2 2025') the Company reported a net loss of $1,179,168 compared to a reported net loss of $669,216 for the three months ended January 31, 2025 ('Q1 2025'), an increase in loss by $509,952, the increase in loss mainly due to share based compensation expenses of $585,529 (Q1 2025 – $129,292) and foreign exchange loss of $117,063 (Q1 2025 – gain $1,690). Three Months Ended April 30, 2025, Compared to Three Months Ended April 30, 2024 During the three months ended April 30, 2025 ('2025 period'), the Company reported a net loss of $1,179,168 compared to a net loss of $859,529 for the three months ended April 30, 2024 ('2024 period'), an increase in loss of $319,639, the increase in loss mainly due to share based compensation expenses of $585,529 (Q2 2024 – $349,923) and foreign exchange loss of $117,063 (Q2 2024 – $5,754). 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In the longer term the recoverability of the carrying value of the Company's long-lived assets is dependent upon the Company's ability to preserve its interest in the underlying mineral property interests, the discovery of economically recoverable reserves, the achievement of profitable operations and the ability of the Company to obtain financing to support its ongoing exploration programs and mining operations. Outlook Concerns about critical raw materials – security of supply, supply chain resilience and defence requirements – have been recurring themes at conferences attended by the Company in recent months, with HREEs and natural graphite frequently mentioned; geopolitical uncertainties continue, with more talk about the weaponization of global trade in rare earth elements. On June 17, 2025, the G7 Critical Minerals Action Plan was announced focused on 'diversifying the responsible production and supply of critical minerals, encouraging investments in critical mineral projects and local value creation, and promoting innovation' in the G7, and with partners beyond, working together and 'to swiftly protect our economic and national security''. Against this backdrop and calls for more action to match the intent of the CRMA, the Company's portfolio is well positioned. Woxna Graphite Mine The Company maintains the Woxna Graphite Mine in a production-ready state while minimizing holding costs. An internal study completed in early 2022 assessed the potential for restarting operations and upgrading the processing plant to produce high-quality flake graphite concentrate. Work is now underway to update this study, forming the basis of a business plan to support possible project financing, customer prepayments, and access to Swedish or EU public funding, and, in addition. Highlighting Sweden's role in CRMs and graphite's importance, Sweden's Energy, Business and Industry Minister Ebba Busch recently stated that 'Sweden has unique opportunities to be and remain a strong player in global mineral politics. We have the most sustainable mining industry in the world – ethically sustainable, environmentally sustainable, and with good working conditions. The graphite that [Talga Group] is planning to produce is a key material in battery manufacturing and the green transition to a fossil-fuel-free society.' Norra Kärr Heavy Rare Earth Element ('HREE') Project As part of its Pre-feasibility ('PFS') workstreams, the Company is developing a Rapid Development Plan ('RDP') for Norra Kärr to enable the earliest possible production of HREE-rich eudialyte concentrate and industrial mineral nepheline syenite. A phased, small-scale start is under consideration to allow early access to the deposit, initial sales of nepheline syenite, early cash flow, and stockpiling of eudialyte concentrate for future processing. This approach is designed to reduce both risk and environmental impacts. Testwork has now been completed on nepheline syenite and aegirine to determine their mineralogy, chemical composition, and leachate chemistry. The promising results are being used to determine possible market segments and specifications that can be achieved, potential demand and pricing, to be included in an updated PFS economic model for Norra Kärr. The Company envisages the PFS will be completed in Q1 2026. On 24 March 2025, the EU announced its first list of Strategic Projects under the Critical Raw Materials Act (CRMA); Norra Kärr was not included. The Company plans to reapply in the next round of applications having continued to make significant progress since the last application was submitted in August 2024. In recent months, the Company's application for a new Exploitation Concession ('Bearbetningskoncession') 25-year mining lease has been out for consultation with County Administrative Boards ('CAB') and municipalities. The Company understands that CAB opinions have been received by the Mining Inspectorate ('Bergsstaten'). The Company will have an opportunity to respond to opinions and comments. Bihor Sud Nickel-Cobalt Exploration Project Exploration activities at the Bihor Sud project have continued, supported by the hard work of the four new geologists who joined the team in January. Works have included underground mapping, diamond drilling, geophysics, core logging, and sampling. The Company's goal remains to define a large-scale, mineable mineral resource; in gallery G2, targeting promising Zinc-Lead-Copper-Silver mineralization. Results to date are encouraging and underscore the project's strong potential for a significant polymetallic discovery. Financial Information The report for three months ending July 31, 2025, is expected to be published on or about September 19, 2025. On behalf of the Board of Directors, Leading Edge Materials Corp. Kurt Budge, CEO For further information, please contact the Company at: [email protected] Follow usTwitter: Linkedin: About Leading Edge Materials Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as lithium-ion batteries and permanent magnets for electric motors, wind turbines and defense applications. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), 100% owned Norra Kärr Heavy Rare Earth Elements project (Sweden), and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania). Additional Information The information was submitted for publication through the agency of the contact person set out above, on June 20, 2025, at 2:30 PM Vancouver time. Leading Edge Materials is listed on the TSXV under the symbol 'LEM', OTCQB under the symbol 'LEMIF' and Nasdaq First North Stockholm under the symbol 'LEMSE'. Svensk Kapitalmarknadsgranskning ('SKMG') is the Company's Certified Adviser for the Nasdaq First North Growth Market (Stockholm) and may be contacted via email [email protected] or by phone +46 (0)8 913 008. Reader Advisory This news release may contain statements which constitute 'forward-looking information', including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words 'may', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, changes in the Company's intended use of proceeds from the Private Placement, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Attachments LEM – News Release Financial Results – April 30, 2025 Financial Report Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.


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The real estate investment trust pays a monthly distribution of $0.15417 per unit, translating to about $1.85 annually, with a recent share price at $25.50. A $5,000 investment here would bring in just over $360 per year in tax-free income. What I like about this mix is the balance between sectors. Freehold is exposed to energy markets, which can be volatile, but the royalty structure provides downside protection. SmartCentres is tied to retail, but with its essential-service tenants, it's more resilient than many other commercial real estate plays. Together, they smooth out the bumps and keep cash flowing. With $10,000 split evenly between the two, I could generate about $780 in annual tax-free income. That's more than $65 a month! With plenty of potential for those payouts to grow over time. Both companies have histories of adjusting their payouts as conditions improve. So, if commodity prices rise or rental income increases, the dividend cheques could grow, too. COMPANY RECENT PRICE NUMBER OF SHARES DIVIDEND TOTAL PAYOUT FREQUENCY INVESTMENT TOTAL FRU $12.79 390 $1.08 $421.20 Monthly $4,990.20 $25.59 195 $1.85 $360.75 Monthly $4,993.05 What makes this even more appealing is that the income arrives monthly. That's helpful for budgeting or reinvesting. In a TFSA, reinvested income can help compound returns faster since none of it gets eaten up by taxes. Over time, the portfolio could grow not just from dividends but also from capital appreciation if the share prices rebound. Of course, no investment is without risk. Energy markets fluctuate, and retail real estate can be sensitive to economic shifts. But both Freehold and SmartCentres have proven they can manage through different conditions. Each stayed profitable, paid distributions, and kept investors in the game. For Canadians looking to stretch every dollar and build a financial cushion, this approach makes sense. It's simple, stable, and focused on regular income. With mortgage payments on the rise and the cost of living climbing, having monthly income from solid Canadian stocks can offer some real peace of mind. If I had $10,000 to invest today, I wouldn't chase risky growth. I'd look to Freehold and SmartCentres to build a TFSA that works as hard as I do. With consistent payouts and room to grow, this duo could turn a modest sum into a powerful cash machine for years to come. The post How to Use $10,000 to Transform a TFSA Into a Cash Machine appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends Freehold Royalties and SmartCentres Real Estate Investment Trust. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data