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1.
A town located in Cape Breton, Nova Scotia. Even though everyone in CB have a different accent than those who live on the mainland, but people from New Waterford take that to a whole new level. For example, they pronounce their o's and a's and their or's as er's. Also they are commonly known as the ghetto of CB. If you ever imply that everyone form that part of CB (Sydney, New Waterford, Glace Bay) are the same, they will probably cut you. Also they are the drug capital of Nova Scotia....
This one time, I was at a park in New Waterford and some guy drove up to me and offered to pay me 40 bucks to throw a soggy, lumpy burlap sack into a garbage that was literally three feet from where he was parked. WHAT THE FUCK IS WITH THAT!
by aswizzle October 22, 2010
 
2.
A small town on Nova Scotia's Cape Breton Island, located in Canada. The town has a population of about 1000 people, and is exclusively white. All the residents are of Irish-Scottish-British decent, and so lastnames are rarely varied (McLeod,MacKenzie,MacKinnon,MacDonald,etc.), and nearly all are strict Catholics. The town has an increasingly worse drug problem, centered mainly around the drug Oxycontin, though other pharmacuticals (opiates,and non-opiates alike) plauge the town's populace as well. Avoid this place at all costs.
Typical encounter on New Waterford's main street,Plummer Avenue.

'Hey der B'y,ya got any Oxys?'
'What? No, fuck off you hick junkie'
by 420anonymous420 August 23, 2009