That's how a recent IMF* paper characterized Canada's mortgage market. 7 c$ d/ }( l2 ]8 b, D! F 0 G8 |# ?- x& ~! I/ HAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 1 z) y1 j+ A) c5 v% D) R& |8 j; ^+ ?+ ]