Growing global macro: Economic and Geopolitical uncertainty, paired with boosted market volatility has brought the focus securely back on investing fundamentals. This could not be truer when surveying the economic landscape in Canada. While the U.S. Economic situation is firing on all cylinders, weaker oil prices & decreasing commodity demand from Asia are hurting Canada's economy.

The key investing fundamentals, which in time will almost guarantee success, are identifying companies with effortlessly recognized businesses, steady yet ever-growing earnings, wide economic moats & strong long-term growth prospects. Companies having these characteristics, have the ability to proceed rewarding shareholders year in, year out via consistently increasing dividends.

One Canadian company that stands out for every one of these reasons is the Bank of Nova Scotia; its definitive strengths could be distilled into 3 key points.

First and foremost as Canada's 3rd biggest bank by assets, its business is virtually difficult for a competitor to replicate.

This is for a range of factors, however key are the steep barriers to access with banking being a heavily regulated industry which needs significant resources in order to commence procedures.

Bank of Nova Scotia has built an excellent operational footprint, which covers over 55 countries with significant global operations in the Caribbean, Colombia, and Peru. It has also striven to scale up its consumer lending business, where it trailed the other 4 leading Banks, in addition to its insurance and also wealth management operations, giving it an impressive varied financial services profile.

Each of these features endow Bank of Nova Scotia with a wide multifaceted economic moat, protecting its affordable benefit, raveling revenues, & giving it with some impressive growth prospects.

Second, while financial services can suffer throughout financial downturns with demand for credit history declining and defaults increasing, Bank of Nova Scotia's geographically diversified portfolio of products and services mitigates this threat.

Its diversified geographical footprint, which sees it running Colombia's 5th largest bank and also Peru's 3rd largest, reduces its dependence on the domestic economic situation. It additionally endows it with some strong growth leads with both of those economic situations amongst the fastest increasing in Latin America. For 2015, Colombia's GDP is expected to expand by 4.5 percent while Peru's will broaden 6 percent, as compared to Canada's 2.5 percent.

A lot more impressively, Bank of Nova Scotia monitors the state of its operations so as to continually improve efficiencies across its business and actively manage credit exposure, further enhancing earnings.

Finally & the real factor for holding Bank of Nova Scotia, is its long history of continually paying continuously increasing dividends.

The bank has paid a reward dividend since 1892 and also hiked its reward for the last 4 consecutive years, offering it an outstanding dividend yield of 3.8 percent coupled with a lasting payment ratio of 45 percent. Such a conventional payout ratio coupled with the bank's wide economic moat & solid growth leads bodes well for additional returns treks.

More remarkably is throughout the international financial dilemma, Bank of Nova Scotia maintained its reward leaving it untouched each time when most of banks, insurance policies firms & various other financial institutions globally were reducing theirs or ending them completely. This serves to infuse confidence in the bank's ability to continue paying dividends together with its conventional technique to increasing its business and managing risk.

Every one of the characteristics should amass the attention of investors and also make Bank of Nova Scotia a key buy & hold forever stock for any long-lasting stock portfolio.