One of the big 5 Canadian banks, Scotiabank currently trades at ~10x P/E and a 5% dividend yield.  This has been a blue chip holding for many Canadians, with a track record of rising dividends over time.

With potential risks in Canadian housing, and short selling interest in the Canadian banks from US hedge funds, we take a look at shares of $BNS and examine key considerations for the stock including bull, base and bear case scenarios.