Mount Terry Fox is dedicated to the memory of Terry Fox of Port Coquitlam, British Columbia. Terry Fox lost a leg to bone cancer, but undertook to run across Canada on an artificial limb to raise funds for cancer research. He completed 3,360 miles (5,375 km) of his epic journey before illness forced him to end his run. His valiant effort against incredible odds touched the hearts of all Canadians and people around the world. Terry died on June 28, 1981. The mountain that bears his name will serve forever as an enduring and fitting memorial to a young Canadian's determination, selflessness, and courage. The park was officially dedicated by the family of Terry Fox and the people of British Columbia on September 22, 1981.

A challenging 8 miles (13 km) round-trip hike to Mount Terry Fox (rough and steep in sections) leads to the alpine zone from its trailhead north of Valemount. A sign marks the trailhead. Staggeringly impressive views will reward hikers all along the route.

There is no camping permitted in the 1,930-hectare park, as the park is intended for day-use only. The limited facilities provided include toilets and picnic tables located throughout the park.

Mount Terry Fox Provincial Park is located 6 miles (10 km) due north of Valemount, between the Yellowhead Highway 5 and Highway 16 to the British Columbia-Alberta border. There is no road access into the park. A Highway 16 viewpoint situated 7 km west of the west gate of Mt. Robson Provincial Park provides a view of the mountain.