That's how a recent IMF* paper characterized Canada's mortgage market. 2 H l4 Y# p2 {* W5 e% [7 I- q$ q. s2 X- ^9 d
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: : I3 ~$ s& Y8 ^' |/ d5 |1 Y- L# N1 a