Hoosier... I guess it all depends on how technical you want to get with the description. Here is a quote from one of many Googled searches on the origins of Canadian bacon.
"Canadian bacon is a term used in the United States but elsewhere it is simply back bacon. It refers to any lean meaty cut of bacon. In Canada back bacon is sometimes known as peameal bacon, which refers to a specific variety of unsmoked lean bacon that has been sweet pickle-cured and coated in yellow cornmeal (originally, as the name suggests, peameal was used). Other proteins, such as turkey and beef, can be made in the style of peameal bacon by employing this same sweet pickle and cornmeal process."
What I refer to as canadian bacon is a pork loin, cured & smoked. You can shave it for use on top of a pizza. Or a great samich. Or slice it thicker for frying for breakfast. A little thicker and its a dinner meat. Very versatile.. and tasty too.
bob
ps... these cured smoked pork loins are also known as cottage hams in Canada.