Island Corridor Foundation 2.59

The Island Corridor Foundation: a partnership of First Nations, five regional and 14 municipal governments.

290 kilometers of rail line covering 650 hectares valued at $366 million (2006 dollars). This consists of two tracks – a 225-km between Victoria and Courtenay and a 64-km link between Parksville and Port Alberni as well as the bridges, trestles, rail yards etc. and land adjacent to the corridor including trees available for sustainable harvest. Also included are historic railway stations at Duncan, Nanaimo, Qualicum Beach and Courtenay plus stations at Parksville and Ladysmith.

Operator: Under contract to the Island Corridor Foundation, Southern Railway of Vancouver Island operates a daily VIA Rail passenger service between Victoria and Courtenay and limited freight traffic. It employs 22 people with a wage bill of $1.25 million a year and another $1 million for rail operations as part of the Island economy.

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