Experiences crossing into Canada for Christmas (gifts)?

Hi there. I'm looking for your experiences crossing the border to go home to Canada for Christmas. Our whole family is in Canada, so we'll be bringing Christmas gifts o' plenty. I just read something to the effect that we are only allowed a maximum of $60 per person? Do they ask you that at the border? I bought my mom some earrings at JCP on Black Friday that were regularly $600 for under $100. Will I have to show a receipt for what I paid for them? If I don't have the receipt, will they assign them a value? I'm not going to pay duty and taxes on the original value, for sure!

Do I need to have a list of the gifts and who they are for? receipts? Dh had the Costco one and I'm sure he tossed it already.

Is this going to be a complete nightmare? We plan to cross at Sarnia on December 23rd.

Just to be clear, you are allowed to bring in an unlimited ammount of less than $60 gifts. with no problem with tax or duty. But any single gift over $60 is itself taxable, and possibly dutiable.

You would pay GST/HST (and possibly duty) based on the purchase price of the >$60 gift.

You should have a list ready.