Canada Day: Canada Day celebrates the events that occurred on July 1, 1867, when the British North America Act created the Canadian federal government. The BNA Act proclaimed 'one Dominion under the name of Canada,' hence the original title of the holiday, 'Dominion Day.' Dominion Day was officially renamed 'Canada Day' by an Act of Parliament on October 27, 1982. This change reflected the policy of successive governments to down play Canada's colonial origins. Canada's national celebration is always observed on July 1, unless that date falls on a Sunday, in which case it is observed the following day.

 

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Canada Day: Canada Day celebrates the events that occurred on July 1, 1867, when the British North America Act created the Canadian federal government. The BNA Act proclaimed 'one Dominion under the nam . . . View Full Definition

Next Day Settlement: Transaction in which the contract is settled the day after the trade is executed. See: Settlement date.

Nirvana Day: Mahayana Buddhists are one type of Buddhists. Many of them are Japanese. They celebrate February 13 as the anniversary of Buddha's death. For Buddhists, this is not a sad day, but a time to . . . View Full Definition

New Years Day: The tradition of ringing in the new year began from the Roman God Janus, who had two faces - one for looking forward the other for looking backward. Julius Caesar, the Roman emperor, decided . . . View Full Definition