Here is how I do it when attempting to do a cover that stays true to the structure and "tempo".
1. determine the average tempo, set it in SONAR
2. line up the first (in time) beat to a measure
3. turn off snap settings
4. cut up the beginning measures until you're out of time (typically 1 -3 measures but can be more depending on how tight the original recording was)
5. turn snap on (measure)
6. move the remaining song clip right at least one full measure
7. stretch/shrink the left clip to the nearest measure, bounce that to clip, lock it, this is no longer an addressable clip
8. slide the right clip (remainder of the song) left to align to the next measure after the locked clip
9. repeat steps 3 - 8 until the song is done
10. optionally unlock all clips, select all and bounce to clip
It's time consuming but hey, it works. And now the "guide" in symmetrical in tempo thru the whole song*
*unless there are intentional speed ups and ****s in the song in which case you may need to make adjustments for that.
11. (it can always go to 11, huh?) Want to give the guide some energy? Do the process to the now full clip but this time in verse/chorus/solo/bridge/outro sections and speed up the choruses (or solos or bridge etc.) by 2-3bpm (if the song warrants it).