That's how a recent IMF* paper characterized Canada's mortgage market. ( w6 Q/ ^0 t9 k. p7 z! c. s 4 ~$ s! N/ d8 C' Z7 pAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: ( R p+ n+ w; n4 t6 w " u0 o) d- q9 q5 A# y