Terence Kernaghan MPP, London North Centre

Government of Ontario

Official Opposition advocacy brings NOSI consumer protections one step closer to reality

Published on March 6, 2024

QUEEN’S PARK - MPPs Terence Kernaghan (London North Centre) and Tom Rakocevic (Humber River-Black Creek) are welcoming news that a ban on Notice of Security Interests (NOSIs) may soon become a reality after the NDP introduced legislation to make it happen.

“This is a great step forward for seniors and vulnerable residents of Ontario,” said Kernaghan. “Your Official Opposition team will keep a close eye on this government and ensure this legislation really meets the needs of Ontarians. I would also like to take the opportunity to thank MPPs Catherine Fife, Tom Rakocevic, and Bhutila Karpoche for co-sponsoring this important legislation.”

“We have heard from so many residents who find themselves trapped in contracts that can last years and cost thousands of dollars more than what the rental equipment was ever actually worth,” said Rakocevic, Official Opposition critic for Consumer Protection. “Tens of thousands of people in Ontario have fallen victim to these scams, and I hope this announcement brings great relief to them and their families.”

The Ontario NDP tabled this Bill yesterday afternoon. Shortly after, the Minister of Public Service Delivery indicated that a ban may be coming later this spring.

“We don’t have a moment to waste,” said Kernaghan. “Instead of waiting any longer, lets pass my bill today.”