I can only feel sad to see the party of Pearson and Trudeau reduced to that.
Anyways, it's quite stunning to see how a dull and predictable election suddenly turned into a massive realignment. As I've said, Canada has extremely passionating politics, and has showed once again that nothing should be taken for granted there. Thank you Canada, please keep on thrilling us ! 
Actually when Lester Pearson was opposition leader the Liberal Party was in nearly as bad a place as now. In 1958 the Progressive Conservatives under John Diefenbaker won 208/265 seats, which is 78.5%. But at least Pearson still won his riding and the Liberals retained official opposition status.
To add, I agree with your attitude about Canadian elections. The coverage is especially great on the CBC; it's nowhere near as scripted and polished as American coverage. Over the last few elections the numbers have been much more interesting, with more than two parties competing for seats.
