Applying late to wait for better GPA?

I'm currently at a canadian target (Ivey, Queens, McGill) and am preparing for summer 2020 internships. I'm taking a couple summer classes that I know I will get an A in and this would boost my gpa to a 3.7 for fall, but the grades won't be added on my transcript until late september. Does waiting for my gpa to go up and applying late give a disadvantage for recruiting?

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