Fire crews battle fire at Halifax-area steel yard Saturday

Fulton says crews took a defensive approach while RCMP blocked off the site of the fire, noting local residents were encouraged to evacuate by RCMP to avoid inhaling toxic smoke. (PHOTO: Sarah Plowman/CTV Atlantic) Fulton says crews took a defensive approach while RCMP blocked off the site of the fire, noting local residents were encouraged to evacuate by RCMP to avoid inhaling toxic smoke. (PHOTO: Sarah Plowman/CTV Atlantic)

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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.