Kristy Lin
2022 Statement of Financial Information (SOFI) now available
UBC is committed to being transparent in our financial reporting. The BC Financial Information Act requires that public institutions publish certain supplementary information. The annual report includes payments to suppliers in excess of $25,000, employee salaries above $75,000, remuneration for our Board of Governors, and details of outstanding debt. The 2022 Financial Information Act Report […]
UBC’s Financial Results for 2021/2022
The UBC community demonstrated remarkable dedication and resilience in the 2021/22 fiscal year. Despite the continued challenges of the COVID-19 pandemic, the community came together to ensure a safe return to campus and to provide the best experience possible for our students. Our audited financial statements have been approved by UBC’s Board of Governors and […]
Changes to UBC Service Levy
The UBC services levy is used to run the community centres, athletic and cultural facilities, and to maintain public spaces and infrastructure within UBC neighbourhoods. The Services Levy Notices issued in 2022 will be due on August 8, 2022. Please note that the drop box services at the Wesbrook Community Centre for UBC Service Levy […]
UBC IMANT Releases Inaugural 2021 Responsible Investing Report
UBC Investment Management Trust (UBC IMANT) has created and shared its inaugural 2021 Responsible Investing Report. Working with key stakeholders, UBC IMANT has worked to develop and advance a comprehensive Responsible Investment Strategy to inform their work and decision-making as well as look to embed environmental, social, and governance (ESG) considerations and principles within their investment […]
The C.D. Howe Institute ranks UBC first in both climate change & endowment activities and their governance
Independent non-profit research institute The C.D. Howe Institute ranked UBC first in Climate Change and Endowment Activities, tied for top score with McMaster University, with an overall score of 4.2. UBC also placed first in Climate-change Governance practices, scoring 4.9 out of 5.0. In 2020, UBC joined 16 major Canadian universities to launch Investing to […]
UBC Budget Update
This week, the proposed UBC budget for 2022/23 was presented to the Board of Governors’ Finance Committee for review, in advance of consideration for approval by the full Board of Governors on March 31, 2022. Once approved, the budget report will be made available on the UBC’s Annual Budget page and will be shared via UBC Today. […]
Enhancing UBC’s Financial Budgeting, Forecasting and Analysis Support
In addition to preparing and managing UBC’s annual financial budgeting process, the Comptroller’s Budget Office team has seen increasing demand for complex future-facing financial analysis, expanded budget and forecasting support, and the integration of new technologies such as Workday and Adaptive Planning. To better respond to these needs, the Budget Office team is reforming under […]
Auditor General’s report gives context on their audit of UBC’s financial statements
At the end of every fiscal year, the B.C. government combines the financial information from over 160 entities, including UBC, and produces a consolidated set of summary financial statements. The information in these statements is important because it indicates the financial well-being of the province. The office of the Auditor General of BC audits these […]
UBC IMANT shares university’s first Endowment Carbon Footprint Report
UBC Investment Management Trust (UBC IMANT) has created and shared the first carbon footprint report for the university’s Endowment. As directed by UBC’s Board of Governors, IMANT has been spearheading carbon footprinting efforts and implementing principles of Responsible Investing, with a particular focus on climate risk and carbon dioxide emissions. The UBC Endowment Carbon Footprint […]
UBC’s Financial Results for 2020/21
The 2020/2021 fiscal year was unprecedented and challenging in many ways for the global economy — and for UBC — due to the onset of COVID-19. However, the collective resilience of our university community has enabled us to weather the impact of the pandemic more positively than anticipated. Our audited financial statements, which were approved […]