That's how a recent IMF* paper characterized Canada's mortgage market. % H( ^+ V7 _" f+ ?" D. x6 B3 H5 j* @
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones:6 Y$ ~* M$ H6 N6 a; D: K0 d2 a9 ^$ e# h