That's how a recent IMF* paper characterized Canada's mortgage market. . l, C, y8 `& g9 k# G/ j# u* ?7 g3 H8 F2 x6 @- k8 |9 T+ V$ H0 i
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones:, i" r: H! `! `$ q, r/ G