VPFO News

Dec 20, 2022
Holiday crime prevention tips from UBC Campus Security
Happy Holidays from UBC Campus Security! While you're out enjoying the hustle and bustle of the holidays, keep these tips in mind for a safe, happy and crime-free season holiday season on campus. 

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Dec 14, 2022
UBC embraces mass timber with $180 million Gateway Building
Wood construction allowed the University of British Columbia to represent three of its core values in designing the new Gateway Building: sustainability, personal well-being and Indigenous collaboration. The six-storey, 267,000-square-foot mass timber building is designed to be an iconic welcoming place for students, faculty and visitors.

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Dec 13, 2022
Facilities teams work together to ensure an ideal exam experience for UBC students
Twice a year, at end of Term 1 and 2, Custodial Services and Municipal Services work together to set up Osborne Gym and Student Recreation Centre (SRC) Gym with 1,340 tables and chairs, to support and maintain an ideal exam experience for UBC students. 

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Dec 12, 2022
Increase in CRA Prescribed Interest Rate effective January 1, 2023
The CRA Prescribed Interest Rate will increase to 4% as of Jan 1, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect on future loans made under the Faculty Home Ownership Program.

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Dec 09, 2022
Final Settlement runs for 2022
The final settlement (payment) runs for all Accounts Payable transactions will be occurring in the third week of December. In order to be included in the settlement run, the invoice/expense must be fully approved or matched to its purchase order, with the system calculating the item as due based on the payment terms.

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