I don't know what the law in Canada is, but in my country it's legal to make a safety copy of any media you own, be it music, games or movies.
The law doesn't say however, if the safety copy have to come from the cd you bought or it can be made of a friends cd.
This law overrides anything, the publisher of it, might have to say about it, e.g. the fancy no-good eula and so on.
Despite all this, you will still have to overcome the cd-in-drive issue.
Which btw that is being look into, if it's legal, to force, people to have a orginal cd in the drive, when it is legal to make a safety-copy and only use that, so to minimise any damage there might be done, to the orginal cd.
They are also looking into anti-copy protection, which stops you, in making a full legal safety-copy (lol anticopy protection illegal ! what a day that would be
), which in short means that it's legal to own and use anti-"anticopy-protection" hard-/soft-ware