Etobicoke Lakeshore Santa Claus Parade hits the streets Saturday. These roads will be closed

Santa Claus waves to the crowd from his float during the Santa Claus parade in Toronto on Sunday, Nov. 15, 2015. THE CANADIAN PRESS/Marta Iwanek Santa Claus waves to the crowd from his float during the Santa Claus parade in Toronto on Sunday, Nov. 15, 2015. THE CANADIAN PRESS/Marta Iwanek

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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.