LATCH was created to simplify things...uh huh.
As far as I'm aware, there isn't a vehicle manufacturer that dictates differing LATCH weight limits based on the destination of their vehicles. Unfortunately, most Canadian vehicle manuals do not state an upper limit for LATCH anchors, likely because at the time of vehicle production we did not have harnessed seats above the 48lb mark. Now that we do, I'm unsure of whether or not this has changed (and I don't have a Canadian-market vehicle..) in later model vehicles.
No, you cannot stop tethering your carseat due to the manufacturer's recommended weight limits of your tether anchors. It's legally required to tether all FF harnessed seats in Canada. This does sort of add to the whole weight limit confusion, though.. Maybe this will clear things up:
http://www.saferidenews.com/html/LATCH_P49.htm
As for whether or not to discontinue using LATCH once your child reaches the manufacturer's recommended weight limit...You're the parent, and really that's your decision to make. If the manufacturer recommends I discontinue use of the LATCH anchors once my child reaches a certain weight, I'm going to do it. I even have a '08 vehicle, which has the higher Newtons weight limit LATCH anchors and I still continue to obey the advertised 40lb (Honda) limit. Let's put it this way--seatbelts are designed to restrain adults and therefore can most certainly restrain a small child in addition to a child restraint. That seatbelt isn't going to fail on your child, whereas the LATCH anchors are designed to withstand significantly less force than a seatbelt. If you use LATCH anchors beyond the manufacturer's recommended limits, you run the risk of those anchors failing. If you switch to the seatbelt, rest assured that it's highly unlikely for that belt to fail due to child+restraint force since it's designed for your average fat American adult..
-Nicole.