That's how a recent IMF* paper characterized Canada's mortgage market.% h* C# e# g9 p1 [7 a" m
3 c# z) b- S: l3 G4 FAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: # r& |* M9 `1 ?) o4 f |. l7 L 7 O, o. c2 [: Y