Two new affordable housing projects announced in Kitchener

The Region of Waterloo is funding 30 affordable housing units in this four building development planned at 55 Franklin Street South in Kitchener. (Submitted/Region of Waterloo) The Region of Waterloo is funding 30 affordable housing units in this four building development planned at 55 Franklin Street South in Kitchener. (Submitted/Region of Waterloo)

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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.