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I think this partly depends on where in Canada are you. It's a big country. The Nook deals with mainly Barnes and Noble. You can use it to check out library books, but from what I've read, purchasing books from anywhere outside of the US tends to be a hassle. Now if you have a U.S. address, or are a snowbird, or live close to the border, this may tend to matter less.
The kindle is only tied to Amazon in the sense that it has average support for pdf's (Sony's is better) and does not support epub natively. However you can convert non-DRM epub's from other stores to the Kindle's mobi format using the calibre software. DRM protection will prevent you from performing this conversion, so this only works on unprotected ebooks. Theoretically, you could convert almost any document or format into mobi using calibre. I can't vouch for how good the conversion turns out, but I understand the possiblity.
Personally, in Saskatchewan, I am trying to decide between the Sony and the Kindle. I briefly considered the Nook, but considering the hassle just to purchase it, (they didn't seem to ship here), I dropped from contention. If you are in an area with reliable wifi access, the kindle is a good choice. That's probably the only reason that I have rated it lower than the Sony in my area, is because other than my home network, I have no wireless access. So I'd end up sideloading everything anyway.
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