GTA gas prices expected to drop to one-year low this week

A man fills his vehicle with gas during the COVID-19 pandemic in Toronto on Friday, October 8, 2021. THE CANADIAN PRESS/Nathan Denette A man fills his vehicle with gas during the COVID-19 pandemic in Toronto on Friday, October 8, 2021. THE CANADIAN PRESS/Nathan Denette

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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.