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"Holiday" is the only Christmas-themed episode of Degrassi: The Next Generation and the second in the Degrassi franchise. It aired during the show's third season on December 17, 2003 in Canada and two days later in America.
Craig is having a hard time choosing between two girls. Ashley has no idea that Craig has secretly been seeing Manny from time to time, and all Manny wants for Christmas is for him to break up with Ashley. Craig's stepfather, Joey is also having a hard time with two girls, his current girlfriend, Sydney, and past love, Caitlin.