This year is the year of the rabbit. I know in Saskatoon there is, or used to be a parade with tons of fire crackers and dragon dances. The festival lasts for 15 days, this year try to celebrate with some Chinese food with friends and family! I have already received my first hoong bao or li si (red envelope) of the year which contains money from adults or elders.
Also Stussy x Clot released a firecracker t-shirt in celebration of Chinese New Years (pictures via Hypebeast).