'No ethics breach' ruling not sitting well with Federal Tories

The Conservatives are not taking ``no ethics breach'' for an answer after Finance Minister Bill Morneau was cleared of any wrongdoing by the ethics commissioner.

Mary Dawson has absolved Morneau and his father from doing anything to gain from inside knowledge that could have been beneficial to their family company, Morneau Shepell.

However, Conservative finance critic Pierre Poilievre continues to say that Morneau was wrong to sell his shares shortly before introducing the tax hike on the wealthiest Canadians.

He says Conservatives believe it is unwise for ministers to buy or sell shares in the weeks immediately before the introduction of tax measures and that finance ministers should lead by example.

Political opponents asked ethics commissioner Mary Dawson to look into several sales of millions of dollars worth of shares in Morneau Shepell in late 2015 by Morneau and his father.

A spokeswoman for Morneau says his office is ``pleased with the outcome'' of the commissioner's latest examination.