Update: as of February 16, 2026 Scotia has fallen to pressure and fully divested from Elbit Elbit Systems is Israel’s largest military technology company.Scotiabank is (after Vanguard) Elbit’s largest foreign shareholder. The Basics Scotiabank (Bank of Nova Scotia) is a Canadian bank headquartered in Toronto. It is Canada’s third largest bank and is one of … Continue reading Know Your Enemy: Scotiabank