Honestly, no it's not. This smoked cut is "bacon" in name only.
Canadian style bacon is made from the pork loin; the same cut from which we get pork chops, or loin chops.
Pork loin is a lean muscle surrounded by a fat cap, which makes this type of bacon more protein-rich and way less fatty than traditional belly bacon.
Equally delicious...but not the same. Canadian bacon is actually smoked pork loin sliced thin.
Nevertheless - Canadian-style bacon is delicious, lean, and pure protein. It can be used in a number of ways.
The most popular might be on eggs benedict or in a breakfast sandwich. It's a handy cut if you're hungry for the taste of ham but don't need a whole ham. It's a perfect pizza topper or slip a slice into your grilled cheese sando for a protein and flavor boost.
Canadian style bacon is fully smoked and cooked which means that all you have to do is crisp it up in a pan.
Each package of Red House Ranch Canadian style bacon weighs a pound which is enough to serve three to four people.