New shoes on budget day is an unusual tradition among Canadian Ministers of Finance. The tradition holds that the Minister of Finance should purchase or wear new shoes when the budget is delivered.
The exact origins of this tradition are not known. The observance of this tradition has been inconsistent among federal ministers; indeed, for two or three finance ministers, this tradition only holds if "new shoes" is interpreted to mean "new footwear". It also makes appearances among provincial finance ministers.
Read more about New Shoes On Budget Day: History, New Shoes As A Symbol
Famous quotes containing the words shoes, budget and/or day:
“We fetch fire and water, run about all day among the shops and markets, and get our clothes and shoes made and mended, and are the victims of these details, and once in a fortnight we arrive perhaps at a rational moment.”
—Ralph Waldo Emerson (1803–1882)
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
—William Howard Taft (1857–1930)
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
—John Adams (1735–1826)