That's how a recent IMF* paper characterized Canada's mortgage market. 4 F) B3 K, R3 q, D% l5 `. Z" a* y5 i8 n+ T
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones:) p" D' c4 B( r5 W
% d5 C- {. [, ?/ G R n# ]. ~