(Frozen Canuck sits upright in her chair, adjusts her glasses, and poises her fingers over the keyboard before beginning to type.)
There are two kinds of bacon that people seem to talk about...the first one is just bacon. That is the bacon that immediately comes to mind for most people. It is generally purchased raw in thinly sliced, sort of half-fatty/half meaty strips. In my experience, it is just called "bacon" in both Canada and the US, and you should anticipate it being used in typical ways in both countries--bacon cheeseburgers, bacon and eggs, BLT's, etc.
The second main kind (not getting much into streaky bacon, peameal bacon, or other types of bacon territory) is what Americans refer to as Canadian bacon, but which Canadians generally refer to as back bacon. This bacon is more like ham circles or sometimes oblongs, and is ready-to-eat, though lots of people like to brown it in a frying pan like "regular" bacon. The term "Canadian bacon" was created when this product was first imported from Toronto to New York City. The following is from Medium.com, "To make up for the shortfall, pork was imported from Canada. The British used this lean loin of the pig's back to make what was called peameal bacon since it would be rolled in ground split yellow peas after it was cured in a special brine. It then became known as Canadian bacon." I don't recall seeing peameal bacon on the prairies where I grew up. I think it is found more in places like Ontario??? Peameal bacon without being rolled in split yellow peas or cornmeal, is the back bacon that most of Canada recognizes.