That's how a recent IMF* paper characterized Canada's mortgage market.3 y- O) w, l8 P7 @% u+ }+ A7 U7 f
k2 t* ]5 I2 h7 P DAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 1 o) `6 t: E2 P* T8 w' U) E! B* ]( ~$ C, A5 V- n( d9 _) p