Island Rail Corp (IRC) is a privately owned entity dedicated to revitalizing the rail infrastructure on Vancouver Island, with a vision focused on enhancing freight and passenger rail services while championing Reconciliation with First Nations. By fostering partnerships with various stakeholders, IRC aims to rebuild the Island Rail Corridor, aiming for a sustainable, efficient transportation network that connects local communities and facilitates commercial growth.

IRC’s offerings include heavy freight rail service from Port to Port—linking Port Alberni to Nanaimo and integrating with the North American rail network—helping reduce highway congestion and emissions. Additionally, the company plans to support intercity passenger services along key routes and seasonal tourist trains, enhancing the island's appeal.

Underpinning these initiatives is a strong commitment to Indigenous partnerships, recognizing their integral role in achieving socio-economic and environmental objectives. Through innovative solutions and comprehensive stakeholder collaboration, IRC aspires to create a modern, reliable, and eco-friendly rail system that will benefit Vancouver Island for generations to come.