COFI Postpones Convention
By 250 News
Monday, March 09, 2009 03:57 AM
Prince George, B.C.- The Council of Forest Industries has postponed it’s annual 3 day convention which was supposed to take place in Prince George next month.
COFI issued a very simple notice to participants citing the current economic pressures as the reason. The notice says "member companies and many suppliers and potential sponsors & exhibitors are curtailing travel and discretionary spending as a result of current economic conditions as they focus all available resources on their operations. Postponement of the convention at this time is the prudent choice and staging of the popular event will be reconsidered over the coming months.”
The postponement also means a loss of income for the Prince George Civic Centre and lost dollars for the community as a whole.
The Civic Centre recently submitted a report to Prince George City Council indicating each non-resident participant at a conference spends $575.00 a day in the community. That translated into more than $9 million dollars injected into the local economy in 2008.
There is no indication at this point when, or if, the convention will be held this year.
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Here we have another one.
Times have changed. With it come changing practices. Reduction in nice-to-have meetings and associated travel is part of that.
Let us see whether those who were critical of that cancellation can change their mind about the wisdom of that decision by City Council.