The Conservative Party is just the Liberal Party's policies delayed by 10-20 years combined with fake kowtowing to voting blocks with suggestions that they'll do what the block wants (and then virtually never executing on that).

So yes, it's broken. True conservatives in Canada long for a real party to represent us without looking stupid / evil, but every time one is tried it's beset by problems and waylaid early in the game. The People's Party is the latest incarnation of that, assassinated by the CPC punching right, castigated to look racist when it's not, and so forth. It will probably die after one more election with no results, and then we'll all have to wait for some new hope, which _at best_ will have policies lining up with what the CPC professes now, while they'll have moved on to what the Liberals profess now, in the ever-moving march leftwards.