That's how a recent IMF* paper characterized Canada's mortgage market.% s" I5 x0 i1 V- f
( o; C6 H& U- o# hAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: , e9 {) ]4 ?6 G8 @ B* {, K c5 j# c' e x. k$ z