Working backwards:
Canadian Bacon is back bacon. It's a very lean cut. Almost all meat.
It is celebrated just like Independence Day: Holiday, Fire works and partying.
It's normally called Canada Day instead of Dominion Day.
Now I think we should get together and setup the Good Nieghbours Period, where both of our countries would have a holiday from Canada Day until Independence Day. July 1'st through to July 4'th. Now we are talking a serious long weekend. Now with a holiday like that I think you'll get some serious good will and bi-national understanding.