Quick Stats:
Population: 523,894
Region: Waterloo
Size: 64.02 km2
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About Waterloo
Waterloo is a city in Southern Ontario, Canada. It is the smallest of the three cities in the Regional Municipality of Waterloo (and previously in Waterloo County, Ontario), and is adjacent to the city of Kitchener.
Kitchener and Waterloo are often jointly referred to as “Kitchener-Waterloo”, “KW”, the “Twin Cities” or “the Tri-City”. (When the reference includes the city of Cambridge, Ontario, the term Tri-Cities is used.) Years ago, there had been several attempts to combine the two cities into one but they were not successful. After 1973, when the Regional government was formed, there was less motivation to do so. At the time of the 2016 census, the population of Waterloo was 104,986.
In 2016, MoneySense rated Waterloo as the tenth best place to live in Canada.
Waterloo started on land that was part of a parcel of 675,000 acres (2,730 km2) assigned in 1784 to the Iroquois alliance that made up the League of Six Nations. The rare gift of land from Britain to indigenous people took place to compensate for wartime alliance during the American Revolution. Almost immediately—and with much controversy—the native groups began to sell some of the land. Between 1796 and 1798, 93,000 acres (380 km2) were sold through a Crown Grant to Richard Beasley, with the Six Nations Indians continuing to hold the mortgage on the lands.
The first wave of immigrants to the area comprised Mennonites from Pennsylvania. They bought deeds to land parcels from Beasley and began moving into the area in 1804. The following year, a group of 26 Mennonites pooled resources to purchase all of the unsold land from Beasley and to discharge the mortgage held by the Six Nations Indians.
Many of the pioneers arriving from Pennsylvania after November 1803 bought land in a 60,000 acre section of Block Two from the German Company which had been established by a group of Mennonites from Lancaster County, Pennsylvania. The Tract included most of Block 2 of the previous Grand River Indian Lands. Many of the first farms were least four hundred acres in size. The German Company, represented by Daniel Erb and Samuel Bricker, had acquired the land from previous owner Richard Beasley; he had gotten into financial difficulties after buying the land in 1796 from Joseph Brant who represented the Six Nations. The payment to Beasly, in cash, arrived from Pennsylvania in kegs, carried in a wagon surrounded by armed guards.
tags: insurance Waterloo
source: Wikipedia
