15 Toronto city councillors voice concern over strong mayor powers in letter to province

Councillors meet in the inaugural meeting for the 2022-2026 term. (CTV News/Francis Gibbs) Councillors meet in the inaugural meeting for the 2022-2026 term. (CTV News/Francis Gibbs)

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OPINION | Selling a home? How to know if you qualify for a capital gains exemption

When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On CTVNews.ca, personal finance contributor Christopher Liew explains what's determined as a principal residence, and what properties are eligible for the exemption.