Billy is just an ordinary beaver from Winnipeg. He loves snow, he loves sugar cookies, and he absolutely loves Christmas! So when he finds out that Santa wants to cancel Christmas, Billy comes up with a plan to lure him down to Winnipeg on December 24th.However, the principal of Black Forest School hijacks Billy's plan. Principal Pal takes full credit for Billy's idea and he does something unthinkable that will surely ruin Christmas forever!Billy turns to his Mom and Dad for help. In the weeks leading up to Christmas, Billy learns all about hard work. He also learns that giving up the credit for his master plan is harder than baking enough sugar cookies to fill his garage.