Aecon Group announced on March 30 that its operations are “broadly continuing, although in many cases on a modified basis.”

The news comes in the form of an update to shareholders in which the construction and infrastructure giant withdrew its initial outlook for 2020 due to the uncertainty caused by the COVID-19 pandemic.

The company has said it will evaluate the impact of the temporary slowing or suspension of work on several projects across the country due to directives issued by governments and clients. Aecon also said it is evaluating the impact of the deferral of a number of projects that it expected to bid on in the near future.

The company is careful to point out that it has enacted continuity plans as well as a rigorous COVID-19 health and safety assurance process. It says this process, “meets or exceeds guidance by applicable government health authorities, to minimize disruptions to its business and adapt to evolving market conditions and safety standards.”

Plans include stringent site pre-screening processes, heightened hygienic and disinfection practices, physical distancing, provision of additional personal protective equipment to front line workers, team separation and staggered work hours where possible, as well as extensive technology-enabled remote work initiatives.

The company also reports that it has eliminated all non-essential spending and reduced its discretionary capital investments. It is also evaluating ongoing cost-saving opportunities under different operating scenarios and timelines.

"As we all contend with the challenging COVID-19 pandemic, the health, safety and well-being of our employees and their families is our top priority," said president and CEO Jean-Louis Servranckx. "Our thoughts and gratitude are with all of the front-line workers whose efforts are ensuring the continuity of essential services."

Aecon says it will continue to monitor developments and mitigate risks related to the impact of the pandemic on its projects, operations, supply chain, and the health and safety of its employees. Given that the majority of governments in jurisdictions in which the company operates have deemed construction to be an essential service, Aecon says its operations will continue on a modified basis.