Place bacon on a baking sheet lined with aluminum foil. Combine honey and pepper; brush onto bacon. Bake at 375° for 5 minutes or until hot. Cut bacon in half crosswise.
Place baguette slices on a serving platter; top with arugula leaves. Arrange bacon and cheese on arugula. Drizzle each canapé with 1/2 tsp. balsamic glaze. Serve immediately.
*Make your own balsamic glaze by reducing balsamic vinegar. Cook 1/2 cup balsamic vinegar in a small saucepan over medium heat 9 minutes or until syrupy and reduced to 3 Tbsp. Cool completely.