2024 Services Levy Invoices and Access Information
The 2024 Services Levy invoices will be mailed out in early July with payment due by Friday, August 9, 2024. If you haven’t received the invoice by mid-July, please contact Treasury Accounting at levy@finance.ubc.ca. To access your Services Levy Information and view your account balance online, you will need to obtain an access code. Detailed […]
Read the 2024 Endowment update
Every year, the university provides a summary report for each endowed fund to the designated donor contact. It includes information on the impact that endowments are providing to our students, faculty members, programs and the community. The report also details the financial activity in the endowment account for the previous fiscal year. The 2024 University […]
UBC’s first report on fighting against forced labour and child labour in Supply Chains now available
UBC is proud to release its inaugural report under the Fighting Against Forced Labour and Child Labour in Supply Chains Act. This project, led by VP Finance & Operations’ Finance & Integrated Services, collaborated with departments across the university to highlight our commitment and efforts to eliminate forced and child labour from our supply chains […]
UBC’s FY2023 Climate-Related Financial Disclosures (TCFD) now available online
In 2018, the Canadian government formally endorsed the adoption of the Task Force on Climate-Related Disclosures (TCFD) recommendations by all Canadian organizations to support Canada’s commitment to the Paris Agreement. UBC is committed to producing annual TCFD disclosures along with supporting TCFD’s global mission of market transparency. UBC recently published its second annual report for […]
The Indigenous Business Directory of UBC is now available
The Indigenous Business Directory of UBC was developed in response to community feedback requesting support in locating and identifying Indigenous businesses to consider when making purchasing decisions. The directory is a centralized resource to empower university faculty and staff to identify businesses that align with their procurement needs, and foster proactive engagement with the Indigenous […]
What do we mean when we say “budget” at UBC?
UBC’s annual budget process is underway, and our faculties and administrative teams are working on the unit-level financial plans that will feed into the university-wide budget proposal that is presented to the Board of Governors for approval. At the same time, the VP Finance & Operations (VPFO) is leading a wider strategic budget review in […]
2023 Statement of Financial Information (SOFI) now available
The Annual Statement of Financial Information (SOFI) for year ended March 31, 2023, is now available on the UBC Finance website. The BC Financial Information Act requires that public institutions publish certain supplementary information. This information is not audited by the external auditors. It includes payments to suppliers in excess of $25,000; employee salaries above $75,000; […]
International Fraud Awareness Week is November 12 to 18
In the spirit of the upcoming International Fraud Awareness Week from November 12 to 18, 2023, the VP Finance & Operations’ Finance division is partnering with the Office of Enterprise Risk and Assurance (ERA) to reaffirm UBC’s unwavering commitment to integrity and the highest ethical standards. We encourage everyone to actively engage in practicing and […]
UBC Investment Management releases FY22-23 Annual Report
The UBC Investment Management FY22-23 Annual Report is now available. UBC Investment Management released its FY22-23 Annual Report today, delivering strong performance on behalf of the funds we manage, The University of British Columbia Endowment and the UBC Staff Pension Plan, while at the same time furthering our efforts in support of the funds’ responsible […]
Finance & Integrated Services launches Procurement Programs within Strategic Sourcing
Procurement Programs is a new team within Finance & Integrated Services’ Strategic Sourcing within VP Finance & Operations. The team is responsible for leading the development of UBC’s strategic sourcing and procurement approach based on three fundamental pillars: Indigenous Procurement, Sustainability (Environment), and Equity, Diversity, and Inclusion (EDI) Procurement. The team is focused on Indigenous […]