According to new data released by Interac, December 23rd marks the busiest shopping day of the year. Canadians are expected to spend over $1 billion dollars on both last-minute gift items and food for their holiday feasts.

Last year on December 23rd, Canadians made over 21-million transactions, spending more than $1-billion dollars, beating out both Black Friday and Christmas Eve.

Of all the purchases made last year on this day, grocery stores accounted for nearly $220 million dollars spent, discount retailers accounted for close to $90 million and stores selling beer, wine and liquor came in at just under $75 million.