That's how a recent IMF* paper characterized Canada's mortgage market. 0 P' T& {" S8 g4 m( H- I$ j, z7 m( a, O1 [, F1 i
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones:1 |: H) z: m7 b8 @6 ^% }