Despite its somewhat somber feel -- with lyrics like 'Last Christmas, I gave you my heart. But the very next day, you gave it away' -- Jepsen's modern makeover of the famous song is both cheery and delightful, putting her own sass on the track while still keeping its original '80s vibe.
"I don't really feel the need to compare," she told ET. "I think that Taylor's fantastic and I think she made a really fantastic record, but they're different types of music and I think there's room for it all."
Many believed that Jepsen's catchy break-out hit, "Call Me Maybe," would make her a "one hit wonder," which is why it was so important, she said, to take her time recording this album.
"I mean, that was a bit of a monster of a song," she explained. "It was an incredible gift but definitely a challenge… [I wanted to] make sure that every song really had a home and a reason for being there."