That's how a recent IMF* paper characterized Canada's mortgage market. 3 B$ [8 H1 F X; M) A6 z# Q# _ v: i4 ^- X( _9 b$ uAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 6 t' ?, q1 n* l % F4 e% y' g. k l& ]