Something more like
Intel i5-3570K, Gigabyte GeForce GTX 660 Ti - System Build - PCPartPicker Canada comes in at $1070 but with $70 mail in rebates.. No speakers mouse or keyboard but you can pick up $2 things to tide you over if you need them
Make sure to price-match everything (or price-beat with memory express)... Things like the GPU or the motherboard can be swapped to a different brand etc..
(MSI and ASUS have a RMA centre in CA so it makes problems, if your unlucky, much easier to solve, though you pay a premium for asus, motherboards in particular)
Pretty sweet build and should be good for about 3 years or so at high end gaming and even then a GPU bump and possibly some more memory will be all you will need (and an SSD when you can afford 256GB+)
The processor and PSU should keep you going for about 5 years with overclocks and if the upgrade bug stays away..
Overclocking is pretty damn easy these days, definately worth doing.. Just follow a guide and don't push too hard (4.7 is about max on that chip.. 4.5 should be easily doable, though you may want to bump the cooler a little for that but should be reachable as is.)
If you can live with what you have... Black Friday will see some nice savings or even x-mass sales.. not that far away at all..