That's how a recent IMF* paper characterized Canada's mortgage market. ( k, T! r0 r1 W. I9 m( n3 s9 }3 D$ p
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: L/ a2 i u8 M$ M6 H* E8 L ~3 g! F2 }3 N