Yeah you fucked up buddy. Best thing you can do is learn from it and be a wiser man because of it.
First mistake turning off the traction control. Don't do this unless your a professional or have years of driving experience.
So what yo should do hmm hard to say since I'm not familiar with how Canada handles this. What I would do is first fight the ticket and go to court, dont expect to win, you wont. However if you can find out what judge you have you can try write him a letter stating how sorry and foolish your actions where etc. Your begging for leancy here pleading the judge to reduce your fine/ punishment etc. If your really nice and the judge is in a good mood then maybe they will take pity on you and lighten the fine and go more easy on you. You my be able to do traffic school to avoid points and insurance increases, unlikely but worth a try. Next is to learn how to properly handle a car and drive like an adult. You want make sure the judge knows your in the miltary, and try and show your sorry.
Now you get to break that lease and give it back to avoid more loss, buy cheap crap car from the 80s that's slow and use that for the next 5 years like most 18 year olds.
Then question your parents for allowing you to own this sort of car at 18 which in itself is irresponsible.
Also you can consult this thread ( one of my favs)
http://www.ft86club.com/forums/showthread.php?t=123703