The Red River Colony (or Selkirk Settlement) was a colonization project set up in 1811 by Thomas Douglas, 5th Earl of Selkirk, on of land. This land was granted to him by the Hudson's Bay Company, which is referred to as the Selkirk Concession, which included the portions of Rupert's Land, or the watershed of Hudson Bay, bounded on the north by the line of 52° N latitude roughly from the Assiniboine River east to Lake Winnipegosis. It then formed a line of 52° 30′ N latitude from Lake Winnipegosis to Lake Winnipeg, and by the Winnipeg River, Lake of the Woods and Rainy River.