Canada's second innings collapse to 93 all out enabled Scotland to secure victory with more than a day to spare in a tournament designed to give the dozen countries immediately beneath the 10-nation Test elite experience of playing in first-class, as opposed to One-day conditions.
It was a timely boost for Scottish sports fans who last week saw their football and rugby union teams both suffer defeats against Sweden and Australia respectively.
Scotland total of 287 for eight declared where Gavin Hamilton, who plays for English county Durham, scored 115, left Canada with a first innings deficit of 177.
The North Americans then slumped to 24 for eight, with one man retired hurt, before a last-wicket stand of 69 took them to within 17 runs of their first innings score of 110.
Veteran Scotland seamer Asim Butt took four for 10 with fellow paceman John Blain collecting four for 28, duo exploiting helpful conditions as before Umar Bhatti (41) and Ashish Patel (25 not out) restored some Canadian pride.
Elated Scotland captain Craig Wright said: "We played fantastic cricket over the five days play we had here, first against Kenya (in the semi-final) and then against Canada.
"Its a team victory, and everybody has contributed in both matches, with not just individuals performing but every member of the team contributing and playing exceptional cricket.
"This victory is important for Scotland as we want to prove we are the strongest Associate member country and a win in emphatic style sends a strong message."
Canada captain Ian Billcliff, who represented his country at last year's World Cup in South Africa, was upbeat despite the defeat.
"Firstly, I'd like to offer congratualations to Scotland," Billcliff said. "Obviously we are disappointed the way things went but we are still very positive about what we learnt in this tournament, and especially from a player development perspective.
"The ICC Intercontinental Cup is a great tournament and concept and we look forward to participating next year."