Canada's long-range forecast anticipates a 'two-faced' winter

Heavy snow falls as pedestrians walk through Central Park in Burnaby, B.C., on Tuesday, November 29, 2022. Snowfall, winter storm and arctic outflow warnings are in effect for most of British Columbia as a powerful storm packing frigid winds move through the province. THE CANADIAN PRESS/Darryl Dyck Heavy snow falls as pedestrians walk through Central Park in Burnaby, B.C., on Tuesday, November 29, 2022. Snowfall, winter storm and arctic outflow warnings are in effect for most of British Columbia as a powerful storm packing frigid winds move through the province. THE CANADIAN PRESS/Darryl Dyck

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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.

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