Democrat VS Republican

[Wrench]

Since I'm from Canada I have no clue what each stands for and is defined as.
In Canada we have the Conservatives and Liberals, and some other parties like NDP and Block. (Some Canadians might object to my definitions)
Conservative = Emphasises more economic freedom (Business are their friends) and is less focused on personal freedom. They tend to be more fiscally responsible.
Liberals = Emphasises more personal freedon and is less focused on providing economic freedoms to companies and customers of those companies. Not so fiscally responsible
NDP = Commies.. All I got to say, I hate them all. They would ruin this country just like they did BC. Fiscally they got no friggen clue.
Block = Party in quebec that only has the interest of one province hence they are big dickheads and most of the country don't like them.

How would a Democrat or a Republican be described as?