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

  • 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…

    Read more: Increase in mileage rate as of March 31, 2023
  • 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…

    Read more: Increase in CRA Prescribed Interest Rate effective April 1, 2023
  • 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.

    Read more: Educating young children on solid waste collection on campus
  • 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…

    Read more: Be a voice for campus safety!
  • 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.

    Read more: Upcoming road closures on UBC Vancouver campus as of March 17, 2023

People of the VPFO