The Source was owned by BCE Inc., which purchased the assets of InterTAN from its parent, American retailer Circuit City, in 2009.

In January 2024, BCE announced that it would permanently close approximately one-third of The Source's locations and its Barrie head office, and transition the remainder to a franchising partnership with its erstwhile competitor Best Buy.

BCE continues to own the locations, but they now carry exclusively Best Buy merchandise, and offer services such as Geek Squad.

One week after the acquisition was completed, RadioShack Corporation filed a lawsuit in the 352nd Judicial District Court in Tarrant County, Texas, to end the licensing agreement.

On March 30, 2007, Circuit City announced to its shareholders that it was seeking options including selling off the InterTAN/The Source subsidiary to cut losses.

[1] On March 2, 2009, Canadian telecommunications firm Bell Canada announced it would acquire The Source and continue to operate it as an independent division.

The acquisition was completed July 1 for the final purchase price of $135 million US, following which the chain removed the "by Circuit City" from its name.