That's good advice from Doug. With regard to your block, don't go to 1380 as it effectively renders the block unsuitable for further boring later and they are never going to make any more blocks, at least not at a sensible price.
If necessary, there must be machine shops in Canada who can do engine re-boring. If it won't clear the score at +0.060" best advice is to have the engine sleeved back to 1275 and fit new P21253 standard pistons. Sleeving is a very common practice and some Minis even came new with sleeves. It effectively gives your block a fresh start with full re-build capabilities in the future.
With regard to the cam, the Kent 266 is very good for road driving (as opposed to real competition). it's almost identical to the MG Metro cam. However, to make such a cam work well you do need a head with some gas-flowing done and the 35.6 mm inlet & 30.5 mm exhaust valves, plus good induction and exhaust systems.
http://i1165.photobucket.com/albums/q584/rydermann/MiniParts.jpg
Here is a picture of new parts ive got a hold of. Mg metro cam, 73mm Dished pistons, new timing chain, new oil pump etc...
Still need to get a cylinder head figured out. Not sure if i should see about having my stock head machined and ported or try and track down one that is already performance built ie an mg metro head or similar. Would you still recommend those valve sizes with the bigger pistons fitted? What would be an optimum compression ratio to have for this engine spec? Thank you!