Car slams through fencing, goes down a hill in Barrie's south end

Emergency crews attend the scene of a single-vehicle crash in Barrie, Ont., on Tues., Dec. 6, 2022. (CTV News/Dana Roberts)  Emergency crews attend the scene of a single-vehicle crash in Barrie, Ont., on Tues., Dec. 6, 2022. (CTV News/Dana Roberts)

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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.