The fate of the roadway was studied
as part of the North King’s Town
secondary plan. A transportation
corridor analysis of population and
employment factors concluded that
the existing road network can handle
future growth over the next 20 to 30
years. “In all scenarios, it was
confirmed that the southern section
of the proposed WSE, extending from
Rideau Street to Bay Street, was not
required, as there was adequate
capacity within the existing road
network to handle growth,” the study
found.
Councillors voted unanimously in
May to endorse the report’s findings
and to scrap the southern portion of
the road extension. Council’s decision
also means removing it as a roads
project that would be funded by
development charges.
Perhaps no group was more thrilled
than Wellington X, a citizens group
formed to oppose the road.
Spokesperson Anne Lougheed says
the Inner Harbour road represents a
barrier between neighbourhoods and
the water, and would cut through
Douglas Fluhrer Park “It’s been made
very clear the community does not
want this road.”
She agrees with findings that the
area can handle future transportation
growth without the need for another
road into the downtown. “Adding
roads just encourages more people to
drive.”
Councillor Rob Hutchison thanked
citizens for their opposition, noting,
“The southern part of the WSE will be
cancelled. The park will be saved.”
The study also provided enough
evidence to sway Mayor Bryan Paterson
who, for years, has championed the
Wellington Street extension to
facilitate growth in the Inner Harbour.
At council, he declared: “My views
have evolved on this issue.”
However, council has left the door
open to completing the northern
section of the proposed Wellington
Street extension after the same
analysis suggested it could help
reduce future congestion on Montreal
and Division Streets. The northern
section would run between John
Counter Boulevard (just east of
Harvey Street) and Rideau Street
through an old industrial area.
Critics say completing the north
section is “problematic,” as it could24 JULY 17, 2019
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Standby Charge Benefit
Where an employer or person related to an employer makes an automobile
available to an employee or person related to an employer, a tax benefit is
deemed to have been received by the employee. The taxable benefit is
composed of two elements: a standby charge, and operating expense benefit.The standby charge benefit equals 2% per month of the original cost of
the automobile including taxes or 2/3 of the lease costs including taxes
but excluding insurance. This benefit is proportionately reduced if, during
the time the automobile is made available, the employee’s personal use of
the automobile is less than 20,004 kms per year or 1,667 km per month.This reduction is only available to individuals who: use the automobile
primarily on the performance of employment duties, and are required by
the employer to use the automobile in the performance of their duties.The operating expense benefit represents operating expenses paid by the
employer in respect of the employee’s personal use of the automobile.The employer may determine the amount of this benefit using a rate. The
prescribed rate is 26 cents per km travelled for personal use. However,
eligible employees may elect to calculate the operating expense benefit at
50% of the standby charge.Marty Stover B. Comm. (Hons.), CFP
MARTY STOVER FINANCIAL
101-1020 Bayridge Drive, Kingston
613-384-4035Have a great summer and make sure you discuss
these options if you receive an automobile for your
employment with your employer before accepting
this benefit as it will be included on your T4.