That's how a recent IMF* paper characterized Canada's mortgage market. , c* D) z; L! m5 i r7 I- f( |8 `+ d7 t( W5 E0 M: K8 ?8 \5 s7 `5 x
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 7 j2 v6 ?; X* f6 }' A V: @. v9 `5 F+ k! }5 x$ J