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Governance

UBC Properties Trust has its own Board of Directors to govern it's rental housing and development activities. Governance for Institutional projects are coordinated through UBC's Vice President Finance, Resources & Operations.

Pursuant to the University Act and the Municipalities Enabling & Validating Act, the UBC Board of Governors provides governance for all academic and non-institutional development activity on campus.

UBC Properties Investments Ltd. is the trustee of UBC Properties Trust. The trustee operates with a Board of Directors currently comprising eight outside directors and three members of the UBC Administration, including the President of UBC. The outside Directors are chosen to represent knowledge and expertise of relevant real estate development practices.

Members of the Board of Directors also comprise other committees that govern the operation of UBC Properties Trust. The Compensation Committee review and approve all senior level compensation packages, including the CEO. The Audit Committee ensures proper systems and controls are in place to accurately record transactions and safeguard assets. They convene at least twice a year to review and consider significant audit and accounting issues of UBC Properties Trust. UBC, as the sole shareholder, also hires an independent professional to interview each Board member to ensure there are no conflicts of interest in any of our business dealings.

UBC Properties Trust is committed to the highest possible standards of ethical, moral and legal business conduct. In line with this commitment and to enhance open communication, our Whistleblower Policy aims to provide a confidential avenue to report unlawful activity to a third party entity that has the authority to take remedial action.

Board of Directors