Fruity,
Given the budget, there isn't much to look at for the 5 mp cam. The only that fit would be by Toshiba PDR-4300 4MP
http://www.futureshop.ca/catalog/pr...&sku_id=0665000FS10027929&catid=&newdeptid=14
Personally, in terms of brand name, I would go for Olympus, Pentax, Fuji, Kodak, Nikon. Sony is fine if you are not fuzzy about memory stick, which tends to be a bit more expensive than other storage medium. Yes, there is USB, but still....
Also, depends on how large you want your final prints to be( as already mentioned by others ). If it's only normal photo size you are after, a 3.x MP cam won't fault you, even a 2.x MP cam.
I MP more or less doesn't make much difference visually , can go to Henry's and get proper opinion on that, see it for yourself.
For 3.x MP ,
have a look at Fuji A303
http://www.futureshop.ca/catalog/pr...&sku_id=0665000FS10020401&catid=&newdeptid=14
Kodak DX4330 3.1MP
http://www.futureshop.ca/catalog/pr...&sku_id=0665000FS10020254&catid=&newdeptid=14
Olympus D-560 3.2MP
http://www.futureshop.ca/catalog/pr...&sku_id=0665000FS10028120&catid=&newdeptid=14
Pentax Optio 33L 3.2MP
http://www.futureshop.ca/catalog/pr...&sku_id=0665000FS10026585&catid=&newdeptid=14
Sony DSC-P52 3.2 MP
http://www.futureshop.ca/catalog/pr...&sku_id=0665000FS10027879&catid=&newdeptid=14
Here is a link to the Nikon cool pix 3500
http://www.henrys.com/webapp/wcs/st...artmentId=10404&itemID=76540&categoryId=10851
There are reviews at the above links as well. Some would prefer the colours of Kodak pics, but you have to see them in order to decide for yourself. They are all good cameras, while the Pentax series are getting pretty good reviews in Europe.
Price is always a factor indeed, considering tha fact that average freekin' digi cam's price depreciates close to 30% in the past year. So you are smart to factor that in as well when deciding.
I currently own a Fuji first generation 1.x MP digi cam, a Canon S230 and have used other Nikon, Sony, Olympus from family members. Before parting with you loons ,just make sure you know what you want from the purchase, which features are most important to you.
Forget about HP.