In April of this year, Justice Julie Lauzon found Calypso guilty on two charges related to the Bobsleigh ride: that staff weren't properly trained on the day of the incident and that the ride was unsafe.
Lauzon also found Calypso guilty of four more charges.
On Monday, Lauzon sentenced the water park on four of the six charges due to duplication, leading to a $400,000 fine she found would "adequately cause the defendant to realize the importance of knowing, understanding and abiding by all sections of the statute and regulations that apply to the business in which it has engaged."
The company must also pay a $100,000 victim surcharge.
The Technical Standards & Safety Authority originally laid 20 charges against the water park for alleged safety violations in 2011 and 2012, but prosecutors withdrew nine of those charges in February due to lack of evidence.
"The total penalty of half a million dollars sends a really powerful message that public safety is paramount," said Wilson Lee, a TSSA spokesperson.
"Today's sentence is one of the highest fines ever imposed for a violation under the [Technical Standards and Safety] Act."
Clarification : An earlier version of this story stated that Calypso water park was fined $400,000 in relation to its safety-related convictions. In fact, the water park must also pay a $100,000 victim surcharge, bringing the total amount to $500,000.(Jul 27, 2015 5:03 PM)