Pi Day falls on March 14 because the date written as 3/14 matches the first digits of pi, 3.14. UNESCO also marks March 14 as the International Day of Mathematics. Pizza restaurants join in because of the pun on pie, and any offer is set by each restaurant: there is no Pi Day promotion that every chain takes part in.
This page lists the Pi Day offers that Canadian restaurants publish for the date, and the regular pizza deals that run on that day of the week, such as two-for-one nights, carryout prices and family bundles.
Check the catch on any pizza deal before ordering: many prices are for takeout or delivery only, need a promo code or the chain's app, or apply to one size and a set number of toppings. Delivery fees and tips are added on top of the advertised price.