No, Chapters is not owned by Barnes and Noble. Chapters is part of Indigo Books & Music Inc, which is the largest book retailer in Canada. Indigo Books & Music Inc is a public company, traded on the Toronto Stock Exchange (TSX). It was founded in 1996 and is headquartered in Toronto, Ontario.
Indigo Books & Music Inc owns a variety of bookstores, including Chapters, and also operates an online store at Chapters.Indigo.ca. They have more than 200 superstores, small stores, and speciality stores in Canada, as well as two outlets in the United States.
Barnes and Noble is a US-based book retailer that operates the Nook e-reader, as well as traditional brick-and-mortar bookstores. It is the largest bookseller in the United States and trades on the New York Stock Exchange (NYSE).
To sum it up, the short answer is no – Chapters is not owned by Barnes and Noble.