Thanks to the financial resources raised by the V.I.P. (Valuing Icelandic Presence) Millennium Campaign The Icelandic Collection was relocated in October 2000 to an expanded, renovated and modernized space in the Elizabeth Dafoe Library. A world-class facility, The Icelandic Collection section is home to The Iceland Reading Room, a centre providing for the teaching and research needs of the 21st century by offering state-of-the-art reading, seminar and study rooms.
Also part of the section is the Dr. Paul H.T. Thorlakson Gallery showcasing exhibitions ranging from ancient Icelandic sagas in vellum manuscripts to contemporary artwork by Icelandic and local artists.