Court date set for Dec. 13 as councillors take legal action against Regina city manager

Regina City Hall can be seen in this CTV file photo. Regina City Hall can be seen in this CTV file photo.

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OPINION

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.