Christmas shopping. (Shutterstock)

If you're still doing your Christmas shopping, you are part of the 3%.

According to the results of a BMO survey, "3% (of Canadians) don't begin their holiday shopping until the last minute, leaving themselves only a short time to wrap up their gift giving."

The results, released Saturday, also reveal that fewer Canadians are waiting until the last minute to cross names off of their holiday shopping list, with the majority planning their shopping weeks or months in advance.

"With Canadian families balancing busier schedules more than ever before, it's no surprise that a few shoppers will be rushing around at the last minute. However, this last minute rush can often cause people to make impulse decisions and sometimes over-spend on gift buying," said Janet Peddigrew, a spokeswoman for BMO Bank of Montreal.

"Planning and establishing a budget early on to cap and track holiday spending can help avoid last-minute spending pitfalls."

If you're a member of the last minute league, BMO suggests not panicking, checking return policies, sticking to reputable sites when buying online, and buying gifts with a credit card that offers some form of insurance so that you're covered if gifts get lost, stolen or broken.

And lastly: "Cap your spending. Develop a budget and stick to it."