That's how a recent IMF* paper characterized Canada's mortgage market.+ x7 `- I i+ ^$ P" @3 K, a4 |1 }
6 m9 V# W0 |9 H4 g* yAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 5 l: v4 m! O1 s \1 g6 p ( |7 I4 ]5 d' e9 ?% N- F