That's how a recent IMF* paper characterized Canada's mortgage market.+ z& L) Z6 c5 c/ H
9 F( ]; W2 m: P" }Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 4 y: @2 u$ Y2 Z4 x( B+ f' ?, m# U- ^% t* Q0 O. @' |: d