I don't know exactly how it works, but I got a speeding ticket just south of Wawa in Ontario last year and I did pay it. The points showed up on my Nova Scotia license a month or so later. When they stop you they take all your insurance and registration info so it probably wouldn't be too hard for your insurance company to find out if you had or had not paid it. They'll certainly be notified that you got it, that I can guarantee.
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