The Vancouver Real Estate Forum that was due to take place at the end of March has been put back to the fall.
The event is organized by Informa as part of a nationwide schedule of real estate events, but the firm says that it has decided to postpone as many attendees travel from outside Vancouver.
In its announcement, Informa notes the curbing of travel by many Canadian companies in recent days.
“Since 30% of attendees to the Vancouver Real Estate Forum have traditionally been from outside of BC, the travel bans pose a major impact on a key element of our events – national investors who attend to update themselves about the markets and network with local real estate contacts,” the statement says.
The Vancouver event is now due to take place on Sept. 30, 2020.
The firm has also postponed the Western Canada Apartment Investment Conference, although it has not yet decided on a new date. A decision on a forthcoming Edmonton forum will also be taken soon.
The global MIPIM real estate event on the French Riviera was also recently postponed due to the spread of the coronavirus.
RBC moves some employees
Meanwhile, the COVID-19 outbreak is starting to impact employees at Canada’s largest banks.
RBC says that it will split some of its employees across four buildings – although this is currently only affecting those in its Capital Markets division in Toronto, New York, New Jersey, and London.
Traders will work across multiple sites beginning March 9.
TD Bank is also due to mitigate the risk of coronavirus by splitting trading floors across several locations.
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