as soon as you rent your home, you are deemed disposing of your home at the fair market value (even though you are still owning it), you need to report capital gain plus rental income. capital gain is the end of year fair market value minus the fair market value when you rented it. otherwise, you are still in default and will suffer consequence from CRA later.
Also when you sell your house, you need to pay capital gain under Section 116.
Read the link.
Also when you sell your house, you need to pay capital gain under Section 116.
Read the link.