A cam ring 10 is slidably supported within a pump body 2, and a rotor 20 is rotatably disposed inside the cam ring. The cam ring is eccentric to a rotation shaft 22 of the rotor. The rotor carries a plurality of vanes 18 that can be advanced or retreated, in which a pump chamber 24 is formed in a space between the cam ring and the rotor. The cam ring is formed with the first and second fluid pressure chambers 14 and 16 on both sides thereof, and biased in a direction where the displacement of the pump chamber is at maximum by a spring 26. A control valve 28 is provided in which a differential pressure across a metering orifice is applied on both ends of a spool 32 and a spring 36 is disposed on the side of an end face where a downstream fluid pressure is applied. The fluid pressures of the fluid pressure chambers 14 and 16 are controlled by means of the control valve, whereby the cam ring is swung. A piston 58 that is moved in accordance with an increase in working pressure of a power steering apparatus is provided. This piston 58 exerts an axial thrust to an end face of the spool on the spring side.