The mega event was scheduled to take place from August 17 to August 23 in Edmonton, Alberta.
"World Triathlon is working now with WTS and world cup orgsers, as well as with National Federations and partners, to reschedule some events at the end of the current year, when is safe and fair to do so, with the aim of giving athletes from all around the world the opportunity to perform and compete as soon as possible," the apex body said in an official statement.
Right now, sporting events have come to a halt and all top tournaments like the Indian Premier League, the Premier League, LA Liga have been suspended and there is no certain answer as to when all these competitions will resume.
Also, Wimbledon 2020 has been cancelled for the first time since World War II.
Earlier on Friday, the England and Wales Cricket Board (ECB) agreed that no professional cricket will be played in England and Wales until July 1 due to the COVID-19 pandemic.
( With inputs from ANI )