Lethbridge council votes to approve four-year operating budget, 5.1 per cent tax increase

Council originally projected an increase of 3.77 per cent, however, Mayor Blaine Hyggen says after holding the line on property taxes during the pandemic, the increase is needed to service the growing city. Council originally projected an increase of 3.77 per cent, however, Mayor Blaine Hyggen says after holding the line on property taxes during the pandemic, the increase is needed to service the growing city.

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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.