The station was licensed by the CRTC in 2005. LiVE 88.5 began testing its signal and broadcasting online in early December and officially signed on the air on December 26, 2005 at noon, with Iggy Pop's "Lust for Life".
On May 27, 2015, the CRTC approved Newcap's application to change the authorized contours of CILV-FM by moving the transmission site, changing the channel class from B to C1, increasing the maximum effective radiated power (ERP) from 12,000 to 90,000 watts (average ERP from 2,300 to 37,000 watts) and decreasing the antenna’s effective height above average terrain from 254.6 to 130.7 metres. However, a second-adjacent station in Perth, CHLK-FM 88.1, filed an intervention, specifying that such an increase could hamper their station's ability to improve its signal in the future.
Live 88.5 is Canada's first carbon neutral radio station, partnering with the Rideau Valley Conservation Foundation in an annual program of planting trees in the suburban township of Beckwith to offset its energy consumption.