You may have heard of the famous bagpipe march called "The Battle of Waterloo". This tune definitely inspired the creation of this tune, and hence its title.
There is a town called "Waterloo" in Quebec. Although The War of 1812 was not fought there, it is very possible that a couple of guys were there racing snowmobiles. I thought it would be funnier if they were jousting snowmobiles. And so the official name of this 4/4 march is The Battle of Waterloo Quebec (2 Guys Jousting on Snowmobiles).
Maybe one guy was named Napoleon and the other Wellington... well you never know. 😂