Canon ELPH 520 HS has a
10.0MP 1/2.3-inch (6.17 x 4.55 mm ) sized BSI-CMOS sensor and features DIGIC 5 processor. On the other hand, Nikon S7000 has a
16.0MP 1/2.3 (6.17 x 4.55 mm ) sized CMOS sensor .
Nikon S7000's sensor provides 6MP more than Canon ELPH 520 HS's sensor, which gives a significant advantage in real life. You can print your images larger or crop more freely.
On the other hand, please keep in mind that Max sensor resolution is not the only determinant of resolving power. Factors such as the optical elements, low pass filter, pixel size and sensor technology also affects the final resolution of the captured image.
Below you can see the ELPH 520 HS and S7000 sensor size comparison.
Canon ELPH 520 HS and Nikon S7000 have the same sensor sizes so they will provide same level of control over the depth of field when used with same focal length and aperture. On the other hand, since Canon ELPH 520 HS has 59% larger pixel area compared to Nikon S7000, it has potential to collect more light on pixel level hence have less noise in low light / High ISO images.