That's how a recent IMF* paper characterized Canada's mortgage market. / H# `# n- _7 K& Q. X g/ | S9 j( B) z" ?
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: % A; q$ Z) `0 a; o# J1 D- d+ h! i5 x. P5 s# [6 f2 v: o