Here and now is a different place and time than when that political party was named during the merger of the Progressives and the Conservatives in an effort to

Here and now is a different place and time than when that political party was named during the merger of the Progressives and the Conservatives in an effort to defeat the incumbent Liberals. Being a "liberal" was a term for a supporter of the right-wing moneyed establishment at the time because of their demand for laissez-faire economics and reciprocity in international trade. A lot can change over a century.