Use whatever solution works best. Keep in mind that keeping your kids in a harnessed seat is not any safer. This is a myth. There is no research, data, stats or real life experiences which show that harnessed seats for older kids, 4 and older, are safer in any way.
The lack of research is also not proof to the contrary. As we have discussed many times in the past, harnessed seats are more dependent on the parent for correct installation and use, while boosters are more dependent on the child. An immature/squirmy child may well be safer in a correctly installed and used harnessed seat for this reason alone. More mature children are less likely to circumvent the critical protection provided by the shoulder belt in a booster.
It's likely that high back boosters provide better safety than a harnessed seats if you listen to the Swedes which are 30 years ahead of pretty much all other countries in the world. Harnessed seats are not even sold there.
The fact that harnessed seats are not sold there is also the reason why there is no evidence from the Swedes about their safety compared to booster seats.
All forward facing seats have basically zero side impact position. This apply to shield seats, harnessed seats, low back boosters and high back boosters. The simple reason for basically no SIP is forward momentum and pre-impact breaking. Nowadays also "iphone/ipad head" with head/neck far forward. That means when the impact occur from the side the child is already out of position and head is unprotected regardless of seat used.
Not true. A correctly secured 5-point harness is theoretically better at preventing movement forward and to the sides than a lap/shoulder belt, even without additional side impact features. A child in a booster can easily lean much farther forward or to the side than a child in a properly secured harness. The shoulder belt used to restrain the child is not locked during normal driving, allowing the child to be farther out-of-position. In addition, the shoulder belt can be moved by the child behind the back, behind the arm, or extended such that it does not retract if the booster or other object restricts it. Any of these scenarios can lead to a much greater risk of head injury and lower abdominal seatbelt syndrome injuries.
When you hang out in the crash test facilities like I do you see many scary things in real life testing which is not shown on Youtube and by the manufacturers.
Which is very interesting, but provides no statistics to support your claim about forward facing harnessed seats.
As for the original poster, I believe your 5 year-olds who are over 40 pounds may be very safe in a booster, provided they are mature enough to remain seated correctly. That is the key, and only you can make that determination.
You might be able to put your 7-year old in a very narrow booster like a BubbleBum (or something else narrow in Canada) that would allow you to fit narrow front-facing or combination boosters outboard. The issue will be if there is enough room for your 7-year old to reach down and buckle. I think a backless booster would be fine, provided the shoulder belt fits correctly.
http://carseatblog.com/8243/to-backless-or-not-to-backless-that-is-the-question/