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 Square.
A new survey commissioned by Square found that 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 recently 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.
Square said 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 is launching Square Handheld, “a powerful and pocketable point-of-sale device that weighs in at 0.34 kgs and is only 1.6 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.”
help them thrive in the economy.
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