That's how a recent IMF* paper characterized Canada's mortgage market.3 N$ j, e% X4 K+ k- H$ n4 E& x+ c2 \
k1 ?7 O$ n% I4 ~Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: ! Z+ A, f/ X4 k8 v8 o' E: [$ a- W/ g2 V+ v& x% o" L; v8 g