Welcome to the VP Finance & Operations portfolio
The nine divisions of the VPFO are responsible for the stewardship of UBC’s physical and financial assets, as well as safety and risk management for our university community.
We oversee a $3.98 billion budget, a $3.38 billion endowment, and all facilities on both campuses, as well as managing the university’s relationships with UBC Investment Management and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of innovation, unity and accountability.

VPFO Strategic Plan 2024–2027
Having a strategic plan gives us a clear path, keeping everyone on the same page. Learn more about where we’re going next and how we plan to get there.
News from the VPFO
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Increase in mileage rate as of March 31, 2023
UBC will be updating its mileage rate in alignment with the Canada Revenue Agency (CRA) prescribed rate: 68¢/km for the first 5,000 km driven and 62¢/km driven after that. The new rates will be available in Workday as of March…
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Increase in CRA Prescribed Interest Rate effective April 1, 2023
The CRA Prescribed Interest Rate will increase to 5% as of April 1, 2023. This rate will be in effect from April 1–June 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will…
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Educating young children on solid waste collection on campus
The Waste Management team in Municipal Services within UBC Facilities recently paid a visit to the Berwick Child Development Centre to educate young children about the vehicles and equipment used for solid waste collection on the UBC Vancouver campus.
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Be a voice for campus safety!
UBC Vancouver Campus Security is taking a look at its services and organizational model to better understand how it can best meet the needs of a rapidly changing community. One important part of this review will be a community engagement…
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Upcoming road closures on UBC Vancouver campus as of March 17, 2023
The following road closures are expected around the UBC Vancouver campus as of March 17, 2023. Thank you for your patience and cooperation.
People of the VPFO
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Fabiola Ruiz-Aguilar joins Safety & Risk Services as Safety Advisor, Scientific Diving
In her new role as Dive Safety Officer, Fabiola is responsible for developing, strengthening and growing the Scientific Diving program in compliance with WorkSafe BC, Canadian Association for Underwater Science (CAUS) and CSA Ocean Sciences — after all the earth…
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VPFO HR team update
Daisy Chan will be going on Maternity leave starting March 2023. During her leave, Kasia Burza will be temporarily promoted to an HR Advisor until September 2024, supporting AVPFO and Treasury. Alysa Garza will be joining as an HR Coordinator…
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Silvia Magnano joins Treasury as Manager, Treasury Contracts & Real Estate
Silvia comes to us directly from the UBC University-Industry Liaison Office (UILO) where she was a Contracts Officer. Silvia brings both business and legal background to her new role. She was trained and certified as a lawyer in Argentina, where…
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Hailey Maxwell steps into new role as Manager, Emergency Management & Continuity Planning in Safety & Risk Services
In her new role as Manager of Emergency & Continuity Planning, Hailey looks forward to continuing to support the UBC community in developing personal and organizational resilience through planning, training and engagement initiatives.
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Balancing safety and innovation
Janet Hankins leads a team of specialists in biosafety, radiation, and chemical safety and occupational hygiene responsible for the handling of hazardous substances across the university. Learn how Janet resonates with the VPFO’s strategic directions and values, and how her…