That's how a recent IMF* paper characterized Canada's mortgage market. $ P4 B+ _+ U3 a2 d0 R1 m , V& Z) {7 n& m9 S! P8 WAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: ( V6 M4 ~3 @) Z$ d7 N H2 f% P9 W" M: p# E9 z/ l" z r