Canadian Bacon, also known as back bacon or peameal bacon, is a type of bacon that is prepared from lean pork loin. If you are looking for some synonyms for Canadian bacon that can better describe it, you can use alternative names for the same. In Canada, it is commonly referred to as peameal bacon, while in the UK, it is called rashers or back bacon. In the US, it is often called Canadian-style bacon or simply back bacon. However, no matter what you call it, Canadian bacon is loved for being less fatty than regular bacon and for its juicy and tender texture.