Albertm, it can be done, though anything more than 2 or 3 BPM will sound dodgy.
Instructions for Sonar 4PE:
- Make sure each track contains only one audio clip. If you have comp'd tracks, select all the clips on those tracks and use the bounce-to-clip option to get a single clip.
- For each track: Select the clip properties (either right-click, or hit alt-enter on the clip.) Go to the second tab, Groove-Clips, and turn on the "Stretch to Project Tempo" checkbox. (You have to say "yes" to the "make clip memory-resident?" question.) Set the "Original Tempo" to (in your case) 110 BPM.
- Increase the project's tempo by the desired amount. The clips wil now time-stretch to match the new tempo.
As I said, though, anything more than 3 BPM will be pretty obvious.
(FWIW, I have much better results using Sound Forge for time stretching. You can stretch based on BPM, and SF has a few different algorithms, so you can choose the method that works best with your material.)