Is driving at 150km/h on the highway considered speeding?

[Melissa]

Driving at 150km/h in a 120km/h speed limit zone constitutes a 25% overspeed, which will result in a fine. For small vehicles, 6 demerit points will be recorded, while for large and medium-sized vehicles, 12 demerit points will be recorded. Driving medium-sized or larger passenger or cargo vehicles, school buses, or hazardous material transport vehicles on highways or urban expressways at speeds exceeding 20% above the posted limit, or on other roads at speeds exceeding 50% above the posted limit, as well as driving other motor vehicles at speeds exceeding 50% above the posted limit, will result in 12 demerit points. Penalties for exceeding the speed limit by less than 20%: Driving medium-sized or larger passenger or cargo vehicles, school buses, or hazardous material transport vehicles on highways or urban expressways at speeds exceeding the posted limit by less than 20% will result in 6 demerit points. Cases where speeding does not result in demerit points or fines: On roads with a speed limit of 60km/h, exceeding the speed limit by 50% without causing any consequences will result in a warning without penalty. Driving medium-sized or larger passenger or cargo vehicles, school buses, or hazardous material transport vehicles on roads other than highways or urban expressways at speeds less than 10% above the posted limit.