CBC spotlights Greg Weedon for his advocacy against Notices of Security Interest (NOSIs). The Ontario government is proposing legislation that could spell relief for homeowners who say they've been victimized by questionable liens on their homes by retroactively banning the use of the tool. The legislation will be introduced some time between now and June 13, according to Public and Business Service Delivery Minister Todd McCarthy. It will retroactively ban notices of security interest (NOSIs), he said.
Toronto-based lawyer Greg Weedon, who represents victims of questionably used NOSIs, says the proposed legislation, if passed, is "probably the single best consumer protection piece of legislation that I've seen in some time now."