It seams to be clear that is started as "bumblefuck" which seams to have a long standing history being used to refer to any remote location.
I love the term 'bumblefuck', one of my favourite YouTubers, AvE, refers to himself as "Uncle Bumblefuck", or fooling around in his shed with tools, electronics or whatever he's gotten himself into as 'bumblefuckery'.
Must be a proper Canadian thing? :D