$50,000 fine or 1 year jail sentence. Or both. Sounds like that's the maximum penalty for any Wildlife Act offence in Alberta? If so then it's at the Crown's discretion to administer a fine and/or sentencing penalty up to and including that. Penalties for Wildlife Regulation offences probably follow a different schedule. Also includes forfeiture of equipment used in the offence as well as suspensions from holding a recreational hunting license.
Cougar season is specified as Dec 1 to Feb 28. But contravenes Section 24(1) [no license] and Section 41(2) [hide abandonment] of the Alberta Wildlife Act.
http://www.qp.alberta.ca/documents/acts/w10.pdf
http://www.qp.alberta.ca/documents/Regs/1997_143.pdf
Penalties
92(1) A person who is convicted of
(a) an offence specified in subsection (3), or
(b) any offence involving a contravention of
this Act where
(i) that person is a corporation, or
(ii) that person has previously been convicted of any
offence involving a contravention of this Act and the
offences for which the current conviction and a
previous conviction were imposed occurred not more
than 5 years apart,
is liable to a fine of not more than $100 000 or to imprisonment for
a term of not more than 2 years, or both.
(2) A person who is convicted of an offence against this Act under
circumstances where subsection (1) does not apply is liable to a
fine of
not more than $50 000 or to imprisonment for a term of not
more than one year, or both.
(3) The offences referred to in subsection (1)(a) are offences
(a) against section 35, 55(3) or 62(1) or (2),
(b) against section 25(1), if the wildlife is an endangered
animal,
(b.1) against section 59(1) if the offence relates to wildlife with
respect to which a permit referred to in that subsection
may not be lawfully issued, or
(c) involving a contravention of any other provision of this
Act that involves the hunting of a grizzly bear.