That's how a recent IMF* paper characterized Canada's mortgage market.3 C( _7 U, R( k
: y; y; z, c: p! @+ W' S2 B' c) z
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones:8 p4 g. w) Q$ ~1 w7 a' \
" k0 J; Q# N" o5 t5 k/ V& c