That's how a recent IMF* paper characterized Canada's mortgage market. $ L" d- G. J6 p! N. H* w% f * @* A+ Q% S& K7 [# A, qAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: # `# I, I: ]( X0 m" |6 f4 s6 n' R+ N/ N