Island Corridor Foundation to purchase E&N Railway

[Anonymous]

I sure hope the rails stay in, please keep us posted.

[enr2099]

QUOTE: Originally posted by macguy

Who is the operator of the railway going to be??

I can't tell you.

The Island Corridor Foundation was formed to preserve the ROW for future use be it rail or other uses.

[Anonymous]

Who is the operator of the railway going to be??

Don't leave us hanging like this!

Glad to hear it will all be kept in place!

[athelney]

Who or what is the Island Corridor Foundation? - not heard about it before

[MP57313]

Tyler,
Glad to hear it
Mike P

[enr2099]

The Island Corridor foundation has reached an agreement with the Canadian Pacific Railway to aquire their E&N Railway assets for a tax reciept. Including the abandoned 18 mile Lake Cowichan Sub, the 2.5 mile abandoned Crofton Spur, 112.8 miles of the 140 mile Victoria Sub, the Wellcox, Port Alberni, Victoria, and Courtenay yards.

They are still in talks with RailAmerica to aquire the trackage owned by RA. Including the 2.5 mile Wellcox Spur, 27.2 miles of the 140 mile Victoria Sub, and the 38 mile Port Alberni Sub and the Parksville yard.

ICF Chairman, and mayor of Lake Cowichan, Jack Peake has said they also have an operator for the railroad once the line is aquired from CP and RailAmerica. No word yet on VIA Rail's passenger service, but it will probably continue under VIA Rail.