What steps should I follow?:
1. To pay and forget about. What about points and my insurance history?
2. Don't pay and fight it. Does it make sense to fight? Will I lose more time and money?
Hard to say if it's worth fighting the ticket without knowing how strong the case is and how much it would impact you. Speeding tickets can be difficult to beat, but you can pretty much always get the Crown to offer a reduced speed/fine in exchange for a guilty plea, though that probably wouldn't make a difference to your insurance provider.