Ok.. I'm having troubles finding a camera that suites my needs.

I need a camera under $300 Canadian, but I'm willing to go $325 Canadian if it's really great..

I want:
- good picture quality
- portrait mode (preferably ones that blur out background behind subjects)
- a fair amount of optical zoom (around 4x)
- great action shots
- sound w/ video

Those are the things on my wish list. Those are the top 5 things I want.. NEED! on a camera.. lol

Any suggestions?