'This will really benefit the Northwest'; Thousands to attend Hyde Park Santa Claus Parade

Volunteers unload food collected during the 2022 Hyde Park Santa Claus Parade on Nov. 26, 2022 (Source: Brent Lale/CTV London) Volunteers unload food collected during the 2022 Hyde Park Santa Claus Parade on Nov. 26, 2022 (Source: Brent Lale/CTV London)

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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.