You should not be setting the monitor profile as a a photoshop default. As mentioned earlier, the monitor profile (measure of transmissive light) is automatically adopted by the operating system. A monitor profile should never be used for printing. A printer profile (measure of reflective light) includes information about the printer, ink coverage and paper type, a monitor profile does not.
I profile both my monitor and specific papers used with the iPF5100 printer. My workflow utilizes ProPhoto RGB from Camera Raw to the moment I export to the Canon Print plug-in for Photoshop CS6. At that point I convert my image to the paper profile I created and turn off color management in the plug-in (which does not accept V4 profiles on the Mac OS). This workflow continues to produce prints with accurate color reproduction that match what I see on my monitor.