Changes to cheque distribution options for suppliers
With the closure of the TEF3 front counter reception, cheque payments for UBC suppliers (processed through a supplier invoice or supplier invoice request) will either be mailed out by Canada Post or redirected via Campus Mail to a UBC location. Cheque pickup will no longer be an option as of March 21, 2025. For any […]
UBC planning a balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget proposal, presented last week to the Board of Governors’ Finance Committee. The proposal reflects the university’s commitment to advancing the academic mission and sustaining our financial resilience, while also acknowledging the challenging and evolving landscape that has affected all Canadian post-secondary institutions. […]
Closing the front counter reception on the fifth floor of TEF 3
Effective February 28, the front counter reception on the fifth floor of Technology Enterprise Facility 3 (TEF 3) will be closed. This closure is part of our ongoing review of resources, programs, and processes to improve efficiencies and continuous improvement. For guests that require access to the restricted fifth floor office space, please use the […]
T4/T4A tax slips for faculty & staff are now available
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 2024 T4 and T4A tax slips for personal income tax returns through Workday. If you need help resetting or […]
Strengthening UBC’s long-term financial planning
The VPFO is strengthening its long-term financial planning capabilities by forming a new Long-Term Financial Modelling & Planning team, which will report to Treasurer, Yale Loh. Aligned with VPFO Strategic Goal 1.1, this team will enhance UBC’s existing long-term financial planning framework by providing a structured, top-down five-year financial model that supports strategic decision-making and […]
Your guide to Procurement at UBC: Training for faculty and staff
Need help with purchasing goods and services at UBC? A series of training courses are available throughout the year to guide faculty and staff through UBC’s procurement processes with ease. Choose from facilitated training sessions with our team, guided video tutorials, or self-directed courses. Whatever your learning style is, we’ve got you covered! Discover all available […]
UBC joins national CASPAR initiative for sustainable procurement
UBC is part of CAUBO-ACPAU-Sustainable Procurement-Approvisionnement Responsable (CASPAR), a new Canadian inter-university working group on sustainable procurement. The group is a collaborative forum with materials, training, and other knowledge-sharing opportunities for procurement practitioners at CAUBO member institutions. UBC and other major institutions like Carleton University, Simon Fraser University, and the University of Toronto are working […]
Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen will be joining as an Executive Director, Transformation and Strategy in the VP Finance & Operations on Monday, February 10. With a career spanning over 15 years, Leena brings a wealth of expertise in financial planning and analysis (FP&A), business process reengineering, and strategic planning to UBC and we are confident that Leena’s […]
UBC supplier tax forms for 2024
UBC mails out a copy of the tax forms (T4A and T5) every year by early February. UBC mails T4A-NR forms upon issuance. If you are a UBC supplier and did not receive the tax forms or would like a digital copy, please download your tax forms directly from the Canada Revenue Agency (CRA) website […]
HSBC Global Disbursements transitions to RBC International Pay
As part of the HSBC-RBC transition, UBC is transitioning to RBC’s International Pay on January 17, 2025. Please note there is a difference in the level of supported currencies between RBC’s International Pay and the previous platform HSBC Global Disbursement. Below are RBC International Pay supported currencies available in Workday, followed by unsupported currencies that […]