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July 1st is celebrated as Canada Day, marking the anniversary of the confederation of Canada in 1867. This national holiday is celebrated with various events, including parades, concerts, fireworks, and other festivities, showcasing Canadian culture and heritage.
Additionally, July 1st marks the beginning of the fiscal year in many countries, including the United Kingdom, Canada, and Japan. This date is important for financial planning and budgeting for businesses and governments, setting the stage for the upcoming year’s economic activities.
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