Hope it goes well for you all, hey?
Is it parliamentary system?
We use the Westminster system just like the UK does. I'm not familiar enough with all of the background to say that it's identical... I'm sure there are some differences but at the basic level yes it's a parliamentary democracy and constitutional monarchy with the Queen as head of state.
The Federal system is pretty much identical (with a less useful Senate and less members [every one gets a table! None of this sitting on each others laps.

]). Though I assume some of the unwritten rules have changed, the written part of our constitution is pretty much a direct copy of the act (sorry I can't remember its name) that the UK's "federal" government operates under. We only have modified our constitution once and that was to add the Charter of rights and freedoms.
Honestly, the biggest difference is that we don't have just 1, we have 11

Well, let's just put it this way.
At least now they don't have an excuse to waste our money on campaigns for another few years.
I would have been in support of a minority with a binding agreement with the Governor General to not call an election for a set amount of time, minorities keep the government accountable.
Because yeah the election was a lot of money, but so were the attack ads that the conservatives were running for count em - TWO years. Talk about wasted money.
The Vote split on the left was murderous though, and the Bloc is thankfully gone. Wish the Grits could've done a lot better though... then again let's get serious, they'll be back.
The election only cost us a small percentage of what we spent on that ridiculous G8/G20 meeting last summer. I know some people are ticked off that we "have so many elections" but I think that's stupid. The last one was three years ago which is just short of the four-five years that we normally go between elections. I was hoping for minority... I worry about quite a few things now like copyrights, future of the CBC, healthcare, and further ****ups with the economic situation (not that I trust the NDP to do a better job there either). Oh and that little thing called being found in contempt of parliament.
I agree, the elections are really not that expensive, and honestly a small price to pay for the damage that Harper can now cause with immunity. Including a DCMA style copyright system, Usage Base Billing (which don't get me wrong, is not a horrible thing, but the way that most of our ISPs behave it is purely a cash grab)(also I hope the tories don't sell out now that they have a majority).
Healthcare is a provincial concern, though the feds have been messing with the transfer payments (not that Alberta really cares) and the extra Federal money for Healthcare.
I am not sure what you are getting at with the economic comment.
The whole contempt of parliament thing is really disappointing. Technically, they never were actually found in contempt because the session was dissolved because of the vote of no confidence was passed (which did cite the contempt admittedly). Sadly, we instead gave them a majority and the MP that was the cause of the entire thing kept her seat. The worst part of it is, because of how Harper runs his party, we know that the addition of the 'not' on the document came directly from Harper. Of course there is no proof of that (which is probably why Harper let Layton let the Government fall).
@Drogoth: I wouldn't say the Bloc is gone good, but on the other hand I would rather have the Bloc than the FLQ.
Overall, I think the nicest thing about this election is that the Greens finally have won a seat.
Now for a lighter note, how much fine money do you think Elections Canada is going to be collecting in response to the Australians, the Americans, and other Twits that were violating the restriction on the broadcast of election results before the polls closed in BC? Its a $25 000 fine if you are a Canadian citizen.