That's how a recent IMF* paper characterized Canada's mortgage market.0 C' i o! \0 P% X/ B+ K3 y) ?
* A" H0 Y/ G' N2 _8 o: ]( K2 c( gAmong other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: , [) }! c7 {% \7 [; K $ i2 K8 F* [! b: I; H$ J% e& e