Cold air pushes into southern B.C., bringing wind, snow and arctic chill

Waves pound Ogden Point breakwater during a storm in Victoria, Tuesday, Jan. 5, 2021. Environment Canada has updated special weather statements, warning of strong winds, sub-zero temperatures and snow for south coastal B.C. and much of Vancouver Island. THE CANADIAN PRESS/Chad Hipolito Waves pound Ogden Point breakwater during a storm in Victoria, Tuesday, Jan. 5, 2021. Environment Canada has updated special weather statements, warning of strong winds, sub-zero temperatures and snow for south coastal B.C. and much of Vancouver Island. THE CANADIAN PRESS/Chad Hipolito

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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.