4.6-magnitude earthquake shakes near Vancouver Island

The earthquake was centred approximately 210 kilometres west of Port Hardy, B.C., near the northern tip of Vancouver Island on Tuesday. (Earthquakes Canada) The earthquake was centred approximately 210 kilometres west of Port Hardy, B.C., near the northern tip of Vancouver Island on Tuesday. (Earthquakes Canada)

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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.