The station currently broadcasts an adult contemporary format branded on-air as 93.3 The Peak and is owned by Jim Pattison Group.
On April 18, 2005, Island Radio received approval from the CRTC[2] to switch CJAV over to the FM band at 93.3 MHz with operating power of 6000 watts; the switch took place on September 2 (with simulcasting on its old 1240 AM frequency continuing until early December) and the station adopted its current mixed format of adult contemporary and active rock.
The stations involved in the transaction include CJAV, CKWV and CHWF in Nanaimo, CIBH and CHPQ in Parksville-Qualicum Beach and CKLR in Courtenay.
With the approval of the CRTC, Jim Pattison assumed ownership of the Island Radio stations (including CJAV) at midnight on June 30, 2006.
Recent well wishers calling into the station included BC Premier Gordon Campbell, BC Lieutenant Governor Iona Campagnolo, Port Alberni-born "Man In Motion" Rick Hansen, legendary CKNW broadcaster Jim Robson, and Port Alberni mayor Ken McRae.