Federal Finance Minister Jim Flaherty continued the age-old tradition of picking up a new pair of shoes before he tables his budget in the House of Commons on Thursday.
He visited the Roots Leather Factory in Toronto, on Caledonia Road, Wednesday.
The new shoes are plain black leather dress shoes with the Harper government’s “action plan” logo on the side.
Flaherty describes the shoes as “amazingly comfortable.”
It’s one of the few traditions in the House of Commons that wasn’t borrowed from the Westminster system in England, but not even the Library of Parliament can figure out its origins.
The first finance minister to buy new shoes for budget day was Donald Fleming in 1960. At the time, it was called a tradition but no could explain how it came about.
Ralph Goodale, who was finance minister from 2003 to 2006, said shoes are a way to show where the country’s finances are heading.
“Whether they’re fancy dress shoes with buckles and bows, or good practical work boots that signal a more practical intention,” Goodale said.
In 2004, Goodale wore black oxfords, while in 2005, he wore black square-toed Ecco shoes with polyurethane soles.
In 1979, John Crosbie did not buy new shoes, but wore used mukluks, while Paul Martin wore black work boots in 1994.
Despite it being called a tradition, only eight finance ministers are known to have bought new footwear for the budget, and no one has done it more than Flaherty.
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Tradition is one thing, but at least buy shoes that you’re likely to wear again. “the Harper government’s “action plan” logo on the side”? – yeah, straight to the back of the closet after wearing them once.
At least he’s buying shoes from a Canadian company… that’s a step in the right direction.
Want to bet he expenses the shoes!
Let’s hope Flaherty has an easier time deciding on shoes than deciding on mortgage rules and rates. Over the last number years he has flip flopped over changing and tightening mortgage lending rules. Yesterday’s prediction is that Flaherty’s mortgage rules will kill 190,000 Jobs in this Country (Canadian Association Of Accredited Mortgage Professionals – not a group of left wing sympathisers). Also Manulife Bank pulled its new lower discount mortgage rate off the market after hearing the Mr. Flaherty was unhappy about it (five-year fixed @ 2.89 %). So much for competition and letting the market decide.
But back to the budget, and if it like any of the past budgets we can we expect everything including the kitchen sink included. Based on that; he should be buying loafers, sandals, runners, oxfords, wingtips, and most definitely flip-flops.
O NO AGAIN ?
Ahhh but their is a tradition… not necessarily shoes, but perhaps more along the line of “lets spend more taxpayer money before the budget” (since we all would like to beat them with a 2×4 when we find out how much the country is in debt.)
Let’s hope that he dosen’t buy loafers