New Year's Day of course falls on January 1.
The Mayor usually hosts a New Year's Day Levee where members of the public are invited to meet and the Mayor and a number of City Councillors that show up. It usually happens inside the City Hall Rotunda.
Polar Bear Club
Around the shores of Lake Ontario there a number of Polar Bear Dips where people rush into the freezing water for a few moments, then run back to the beach, all in the name of charity.
The most well known in Toronto is the Annual Polar Bear Dip in front of the Sunnsyside Pavillion in the western beaches.
While almost everything is closed, a few places are open: