Tory leader calls for finance minister's resignation

Conservative Leader Andrew Scheer is demanding Bill Morneau hand in his resignation as political rivals intensify their attacks on a finance minister mired in controversy for weeks.

But Prime Minister Justin Trudeau launched a spirited defence of Morneau yesterday, accusing the Tories of engaging in baseless personal attacks that they won't repeat outside the House of Commons for fear of being sued.

Morneau has faced intense political pressure over his shares in the human resources firm Morneau Shepell, for which he was executive chairman until his 2015 election victory.

The Tories and the New Democrats have been grilling the Liberals about his late-2015 sale of shares in Morneau Shepell, a transaction that took place ahead of a tax change announcement.

Scheer also advised Trudeau to fire Morneau if he refused to step aside on his own.