Announcements

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UBC Affirmed with “AA+” Rating from S&P

Monday, March 29, 2021

Credit rating agency S&P Global Ratings (formerly Standard & Poor’s) has re-affirmed UBC’s credit and senior unsecured debt ratings as “AA+”.

The rating reports an expectation that “within our two-year outlook horizon, the university will maintain an excellent market...

Claiming Home Office Expenses – T2200S Forms Now Available

Tuesday, March 02, 2021

In January UBC shared information about how the Canada Revenue Agency (CRA), recognizing the special circumstances of the 2020 tax year, has created two new...

T4A and T5 forms from Accounts Payable - Update

Friday, February 19, 2021

UBC issues T4A (for reporting of pension, retirement, annuity and other income to non-employees ) and T5 (for royalty payments) tax forms on an annual basis.

Please note that all T4As and T5s from Accounts Payable for the 2020 tax year have now been issued and mailed...

T4 / T4A Statements for Faculty and Staff Are Now Available

Friday, February 19, 2021

UBC issues tax slips online as PDFs that are identical to the printed form and are accepted by the Canada Revenue Agency (CRA) when filing your taxes.

UBC faculty and staff can now access their payroll-related 2020 T4 and T4A tax slips for personal income tax returns...

UBC Evaluated as Having "Outstanding Market Position" by Moody's

Tuesday, February 16, 2021

Bond credit rating company Moody's Investors Service (commonly referred to as "Moody's") has given UBC an Aa1 rating, reflecting "an outstanding market position supported by robust student demand, and a very strong research reputation which has historically allowed the university to...

Pre-approved Suppliers Now Available for Reusable, Non-Medical Masks

Thursday, February 11, 2021

To support the UBC community in limiting the spread of COVID-19, the university has required students, faculty, staff, and visitors to wear triple-layer non-medical masks when indoors on campus.

In order to facilitate the sourcing and purchasing of masks at UBC, the Financial...

UBC Completes Initial Transitioning of Funds Through the Responsible Investing Strategy

Thursday, February 04, 2021

As part of UBC’s commitment to a low-carbon, sustainable future and divesting the endowment, the university is pleased to share that $34M of endowment funds have been transitioned to fossil-fuel-free investments. This marks the first transitioning of funds through the Responsible Investing...

Faculty and Staff Tax Slips for the 2020 Tax Year – Update

Tuesday, February 02, 2021

*Updated Feb 11, 2021

UBC issues tax slips online as PDFs that are identical to the printed form and are accepted to by the Canada Revenue Agency (CRA) when filing your taxes.

This year, T4 tax slips (and T4As, where applicable) will be made...

Claiming home office expenses — updated CRA guidance

Tuesday, January 26, 2021

Since March 2020, many faculty and staff have been working from home as a result of UBC’s response to COVID-19.

Some members of our community have asked whether UBC will be issuing the Canada Revenue Agency (CRA) T2200 tax form, to enable the claiming of eligible home office...

Employee Payroll Information for 2021

Thursday, January 14, 2021

As we move forward into 2021, it is a good time for employees to review and update their Payroll Information.

CPP and EI Deductions Resume

The next pay date for employees is January 15, 2021. With this pay cycle deductions for both Canada Pension Plan (CPP) and...