Avenatti sentenced to 14 years in California fraud case

In this file photo, Michael Avenatti departs a scheduled sentencing at Manhattan federal court, Thursday, July 8, 2021, in New York. (AP Photo/John Minchillo) In this file photo, Michael Avenatti departs a scheduled sentencing at Manhattan federal court, Thursday, July 8, 2021, in New York. (AP Photo/John Minchillo)

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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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