| Policy number |
2.13.2023.B
|
|---|---|
| Policy category | Financial |
| Responsible department |
Vice-President, Finance and Administration
|
| Approval authority | Board of Governors |
| Original approval date | |
| Next review date |
Policy Summary
The intent of this policy is to align the strategic use of debt with the University’s investment policies to manage the overall cost of capital, minimize long-term costs for debt service and ensure the overall level of risk does not exceed acceptable levels. This policy provides a discipline and framework that will be used by management to evaluate the appropriate use of debt in capital financing plans.
In the policy, you will find:
- Purpose
- General Information
- Policy
- Guidelines
- Reporting