That's correct.

Popularity is also more or less irrelevant in a British parliamentary system. He's got enough of an edge to take enough seats in Ontario, the Maritimes, and BC to hold onto the government, with the NDP making up the difference. The Conservatives are overwhelmingly popular in Alberta, but that dominance doesn't translate into a majority of seats. Since the NDP and Liberals agree on basically everything, the result is that conservative Canadians get exactly zero say in how their country is run, and Little Justin Trudeau gets to reign as emperor.