CDs come with a warning:
"Federal law provides severe civil and criminal penalties for the unauthorized reproduction, distribution, rental or digital transmission of copyrighted sound recordings. (Title 17, United States Code, Sections 501 and 506). The FBI investigates allegations of criminal copyright infringement and violators will be prosecuted."
It doesn't say anything about profiting via the reproduction.http://www.whatsthedownload.com/whats_the_controversy/faq/index.aspx
has some info.
Now, I'm down here in the United States, so I have no clue about Canadian law.
I'm not trying to be a hardcase, I just know that many of us crafters work very hard on our designs and like to have our own copyrights respected, I'm sure that musicians feel the same way about their craft.
I'd also hate to have craftster get mired in some kind of legal trouble - I'm a member over at booksforsoldiers.org and they've got really strict guidelines about not copying music because the MPAA are pretty rabid about protecting copyright.
If you want to share music illegally - and I'm not gonna stop you - then maybe it would be better to arrange the swap privately.
My two cents, and I'll stop being the voice of doom now!