Ottawa is the capital city of Canada. It stands on the south bank of the Ottawa River in the eastern portion of southern Ontario. Ottawa borders Gatineau, Quebec; the two form the core of the Ottawa–Gatineau census metropolitan area (CMA) and the National Capital Region (NCR). As of 2016 Ottawa had a city population of 934,243 and a metropolitan population of 1,323,783 making it the fourth-largest city and the fifth-largest CMA in Canada.Founded in 1826 as Bytown, and incorporated as "Ottawa" in 1855, the city has evolved into the political and technological centre of Canada. Its original boundaries were expanded through numerous annexations and were ultimately replaced by a new city incorporation and amalgamation in 2001 which significantly increased its land area. The city name "Ottawa" was chosen in reference to the Ottawa River, the name of which is derived from the Algonquin Odawa, meaning "to trade".Ottawa is the most educated city in Canada and is home to a number of post-secondary, research, and cultural institutions, including the National Arts Centre, the National Gallery, and numerous national museums. Ottawa has the highest standard of living in the nation and low unemployment. It ranked 2nd nationally, 24th worldwide in the quality of life index and is consistently rated the best place to live in Canada.
