That's how a recent IMF* paper characterized Canada's mortgage market. 8 f& `9 {+ L3 h' f8 X8 `. O) A0 K n4 m/ y9 ]8 c% e; ?
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: 5 w) `, V8 J$ G) Q$ S + y6 z \3 t$ x& {! s