A boy named Balthazar cannot decide what he wants for Christmas. Santa and the elves decide to visit him and ask him. When Balthazar finds the squirrel Hoppy with them, he decides he wants to keep him. However, Hoppy falls out the window and is stolen by a man who sells animals. He decides to sell this rare squirrel, but not if Santa has anything to do about it. Santa gets Hoppy back for Balthazar.