Pierre, your wife's gift is a great tree. P. sylvestris 'Green Penguin' is a nice cultivar, from Dave Dewire's catalog at Wabi Sabi/Dragonfly farm,
"This Scotch Pine cultivar has unusual growth in that the older needles are longer and the newer ones shorter. It grows into a small mound of green needles and has a lot of character. Like any pine, it just wants full sun and fast draining soil and it will tolerate a lot of neglect."
Dave DeWire's photo is a very small (young) grafted tree with only a couple whorls of branches. Looks like the 'Green Penguin' will have more buds at the nodes than typical P. sylvestris. It should make a decent bonsai in time.
I believe Max's red line does mark the graft line. Since the tree was being produced for your half of Canada, most likely they used standard Pinus sylvestris as understock. So the roots should be just as hardy as the scion. They should fuse, and in time, a decade or so, the graft union will be totally invisible. I would not worry at all about the graft creating problems. EXCEPT, if you wire this tree, do not try to make a bend anywhere near the graft point. While the graft looks well along on being fused, it will never be as strong as a normal wood. It will break instead of bend. So just remember to not try to make bends below the first set of branches.
Great gift.