There are a number of good ereaders available.
My suggestion would be to spend a bit of time checking out the books available in Canada and then match the reader to the books. i.e. If your wife borrows from the library check out their e-selection and formats, browse in the online stores that will let you purchase and see what you can find, and then find an ereader supported locally (i.e that you can find in a store and see what it is like before you buy) that will read those books. The local library here actually has ereaders you can try out.
Yes, there is software that can let you transfer formats but unless someone is committed to doing that on a regular basis (and dealing with the problems that come with format conversion) an ereader that will read the books you want to read is probably the best choice.
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