That's how a recent IMF* paper characterized Canada's mortgage market.6 [8 k$ e/ c0 I: k7 f; G# E
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Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: / f( A: v% _* @' e9 A 5 x8 H+ ^1 i/ c8 J0 h% J' \