Ok, I guess I should be more descriptive....
Partying as in, "Three cheers for Grandpappy Joe, his friends, and all others who served! Cheers! Now a round of beer for everyone in the Legion Hall!" That's fine, since it's celebrating the veterans, soldiers and all.
But not, "Day off? Happy Remembrance Day Everyone! Lets party on!"
I consider that a "slap in the face" to those who served.
I'm not saying, "Oh hey, I'm right, you're wrong", just from my perspective, that's how I feel.
As for being respectful, I believe that veterans should get a special status, eg. free parking year round, no tax, and other special benefits. But that's just me.