Shubenacadie is an unincorporated community in the Canadian province of Nova Scotia, located in East Hants Municipality in Hants County. As of 2021, the population was 411. The name from which "Shubenacadie" derives is the Mi'kmaq name for the area, "Sipekne'katik", meaning "place abounding in groundnuts", or "place where the wapato grows." Historiā¦Shubenacadie is an unincorporated community in the Canadian province of Nova Scotia, located in East Hants Municipality in Hants County. As of 2021, the population was 411. The name from which "Shubenacadie" derives is the Mi'kmaq name for the area, "Sipekne'katik", meaning "place abounding in groundnuts", or "place where the wapato grows." Historically, the Sipekne'katik region was a large stretch of territory that covered central Nova Scotia.