Your front mech is to high, It needs loosening and moving down a little. The easiest way to do it is shift on to the largest gear (on your crank) and then lower it till it is just higher than your bashring.
Your front mech is to high, needs lowering closer to the bashring. Should just clear the bashring when your on the top sprocket. Other than that gotta be a £5/600 bike.
A quick conversion says around $800/960 cad