Many UVic recipients received this phish today. The text is addressing the recipient by name and the sender is internal. The signature at the bottom “Uvic corporation” is a clear sign that something is not right about this notification.
UVic would not send you a link to validate/update/activate etc. Instead you would get instructions to navigate to the UVic main web page and how to proceed further. As usual: Do not be curious and do not click that link if you happen to receive the phish. Hovering over the link clearly shows that it is not a UVic address.