High-tech sector still a bright light

Greater Victoria’s dream of a high-tech future as Silicon Valley North was struck another blow this week with the announcement that Carmanah Technologies Corp. is moving its manufacturing offices all the way to Singapore. It’s not the end of the dream,...

Canaccord upgrades Carmanah

Slashing 85 jobs and closing its manufacturing plant was a difficult decision but necessary to the financial stability of Carmanah Technologies Corp., analysts and technology experts said yesterday. A day after the solar power and lighting company swung the hatchet on...

Carmanah-Layoffs

VICTORIA. A high-tech Victoria company will start manufacturing its solar-powered lighting products overseas, immediately costing 24 jobs on Vancouver Island. The cuts come as Carmanah Technologies closes its manufacturing centre in Victoria — and the shutdown...