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The ten departments of the VP Finance & Operations (VPFO) portfolio are responsible for the stewardship of UBC’s physical and financial assets. We oversee a $2.8 billion budget, a $1.7 billion endowment, and all university facilities on both campuses. The VPFO also manages the university’s relationships with the UBC Investment Management Trust (IMANT) and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of excellence, integrity, respect, and accountability.
News From the VPFO
May 20, 2022
tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ is now occupied
Located adjacent to and infilling around the Walter Gage Residence, the student residence project tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ will provide a total of 940 housing beds for upper-year students.
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 with an overall score of 4.2. UBC also placed first in Climate-change Governance practices, scoring 4.9 out of 5.0.
Paving Works on Southwest Marine and 16th Avenue from May 10–13
Please note that paving works will be conducted on SW Marine and 16th Avenue from May 10–13. A reminder to obey signs and traffic control personnel and watch for roadside workers.
Facilities teams maintaining an ideal exam experience for UBC students
Last semester, the Custodial Services team and Municipal Services' Streets & Operations Support (SOS) team within Facilities once again demonstrated excellent teamwork and dedication in setting up the Osborne Gym and Student Recreation Centre for exam season.
University Boulevard closure extended to May 15
The closure of the University Boulevard (UBlvd) bus loop has been extended from May 1, 2022, to May 15, 2022 (exact date to be determined). The bus loop is closed due to three projects under construction simultaneously — School of Biomedical Engineering (SBME) Building, Gateway Health Building, and a utility steam tunnel repair.