B.C. teachers strongly approve new contract with pay boost, added benefits

An empty classroom is seen in this undated file photo. An empty classroom is seen in this undated file photo.

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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.