I would like to confirm two points below

Reference:
Allowances
GST/HST memorandum 9.3

First I would like to discuss the shareholder/sole director being an officer.
In the memorandum, the automobile allowance is for an employee who is considered an officer in paragraph 8.

The term “employee” includes an officer.

www.canada.ca/en/revenue-agency/services/forms-publications/publications/9-3/allowances.html

-The Shareholder/sole director in my scenario is also the President and Secretary (officers) of their CCPC.

Although the position of an officer is distinct from that of a director, in a small corporation(CCPC) one individual very often occupies both positions, which is the case in this scenario.

Conclusion - the shareholder/sole director is an officer for the purposes of this discussion.

Second I would like to discuss the application/calculation of the ITC:

The shareholder/sole director (also president & secretary) has incurred 2660 business kms on his personal vehicle in the year 2017.

The allowance rate set by the CRA is 0.54cents (2017).

Therefore, 0.54cents x 2660 = $1436.40

The ITC for the province of Ontario is 13/113

=$1436.4 x (13/113)
ITC= $165.25

$1436.40 - $165.25 = $1271.15

Therefore the journal entry at year end will look like the following?

Auto Expense (expense for the Corp) $1271.15
HST Payable (ITC - for the Corp ) $165.25
Shareholder Loan/Cash $1436.40
(Allowance to officer for business use of personal vehicle

Thank you so much for your responses - they are greatly appreciated, as well as, your shared knowledge.