- Esoteric Happy Ending: Yay, everyone's all right! Um, except the father is still unemployed, they're moving, and the mother just blew the last of her savings on the father's very risky start-up. Also, you might have very reasonable doubts about showing this movie to impressionable young children, since it might make them think that faith in Santa Claus can bring their loved ones back from the dead.
- Genius Bonus: This movie takes place in Canada. Small clues about it are sprinkled throughout, largely a side effect of it being filmed there. A bad economy serves as the story's backdrop, with Jack being unemployed and many other characters being shown as financially struggling - while it was "Morning in America" in 1985, Canada's economy was still pretty flaccid. While at work at the grocery store Ginny announces a sale on Nabisco Shreddies, the name which Nabisco markets their shredded wheat breakfast cereal in Canada. Many characters have noticeable Canadian accents. Plus, it prominently shows a group of kids playing a street hockey game.
- Hilarious in Hindsight: Ginny Granger is a favored name for Ginny Weasley/Hermione Granger shippers.
- Retroactive Recognition: Here we see Sarah Polley as a child in her first acting role.
- Spiritual Successor: To It's a Wonderful Life.
- Strawman Has a Point: With her husband out of work and out of money, the landlord about to evict them from their home, all the other stressful experiences in her life, is it really fair to blame Ginnie for being less than excited about celebrating Christmas?
- Unfortunate Implications: Gideon the Christmas Angel acts quite a lot like how you'd expect the neighborhood kidnapper to act.
YMMV / One Magic Christmas