This will differ a bit from the good answer of Bryan Krause. I won't repeat what he says. And IANAL, so this is informal advice only.
There is one advantage of a printed copy in that you can easily annotate it by writing in the margins. There are electronic versions of this for PDFs, but I find them inconvenient at best.
Also, some systems make it difficult to read PDFs without actually downloading them to your own system. So, prohibiting downloads seems to be a lost cause.
But, if you are printing only for your own personal use and not for distribution, then, since you have been give access to the content itself, the medium you use to read it is of less (but not zero) concern.
The reason for this answer, however, is to point out a general principle of the law, observed many (most? all?) places and that is that "The Law does not concern itself with trifles."
Your personal use of a printed copy doesn't lessen the value of the material to the publisher, since you already have permission for the material itself.
So, I'd wager that any infraction would be so minuscule that no legal authority would think it worth any effort to stop it. This assumes a single copy for personal use when permission to use the material has already been granted.
Laws differ everywhere, of course, but here is some information specific to Canada.