That's how a recent IMF* paper characterized Canada's mortgage market. 1 O: J" I' p- G( y6 \9 Z- C; ` a3 v+ M! x3 g6 h% I; `
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 0 U8 x8 a4 P) H$ M* D% Y. ]! J2 E- v+ Z/ a2 N' r2 S3 z