There's no need to pre-order your collector's edition because all the stores will still have copies even weeks after the release date.
I don't think I've ever heard about a midnight in release in Quebec, I don't know about the rest of Canada.
I learned my mistake when I pre-ordered Morrowind's CE, thinking everyone would be rushing to the stores to get it. The Canadian Dollar was pretty weak in that period.. I paid 130$, including the shipping costs. Waste of money. I love Bethesda, but not enough to throw them an extra copy's worth of money.
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My friend purchased his CE copy a month later at Future Shop for 50 or 60$.
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So I'll be doing the same as I've been doing since Oblivion. Walk to the store on release day in the afternoon, pick up the copy I want and leave home.