That's how a recent IMF* paper characterized Canada's mortgage market.$ H! }: D" `, b0 T/ w. ?
7 n0 w4 W) \& {2 P( x) }( oAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 1 q8 d3 t( ^7 S9 w6 _$ L# j2 T: ]. v6 G+ g# S' \1 N h& W