Having two itunes accounts in two different countriesntries

Hopefully this hasn't been answered before - I couldn't find it using a search.
I spend my time living between Australia and Canada. I currently use the Australian itunes store with an Australian credit card (with an Australian billing address).  However, as I am spending more time in Canada lately I would also like to be able to have a Canadian account so I can download content from the CA store. If I have a Canadian credit card with a Canadian billing address can I do this?
I don't mind the fact that I will need two apple account or the fact that I won't be able to sync devices to multiple accounts - just wondering if it will be against the itunes t&c if I am physically in Australia but using a Canadian itunes store and vice versa if I have two legitimate accounts.

launch iTunes while holding shift. when prompted, click on +choose library+ and select the folder containing the desired library.
JGG

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