UBC Board of Governors approves balanced operating budget for 2025/26

March 28, 2025

UBC is projecting a balanced financial position as part of its 2025/26 budget, approved by the university’s Board of Governors this week.

The budget report acknowledges the challenging and evolving landscape affecting all Canadian post-secondary institutions, while also highlighting UBC’s commitment to advancing its core academic mission and to ensuring the university’s long-term financial resilience.

“We recognize the more challenging times our institution and our community are experiencing, and in particular the many financial, political, and competitive challenges that are before us,” says Gage Averill, Provost and Vice-President Academic, UBC Vancouver. “Across the university we are making a concerted effort to protect our financial sustainability in order to continue enhancing teaching and research excellence at UBC.”