Finance Minister Bill Morneau says he wants to do the right thing, but the opposition is calling it "guilt money.''
Morneau says he'll donate to charity all the money he's pocketed as a result of any increase in the value of shares in his family business since he was elected two years ago.
He made the announcement after meeting today with the federal ethics watchdog and reiterating to her that he will sell all of his roughly one million shares in his family business, Morneau Shepell, and put all of his other considerable assets into a blind trust.
Morneau is making the moves in a bid to finally spike opposition accusations that he's in a conflict over how he's managed his personal assets.
But New Democrat ethics critic Nathan Cullen says donating money from profits is merely a sign of guilt.
Morneau says he doesn't know how much his decision will wind up costing him, but it could be as much as five-million dollars.
The minister says his goal is to make sure he can continue as finance minister and give Canadians confidence he's doing that without profiting personally from his position.