Moe Berg and Dave Gilby moved from Edmonton, Alberta, Canada to Toronto, Ontario, Canada and formed a band called The Pursuit of Happiness in 1985. Since then, they've been making fun, power-pop music.
One of their first singles was this one. This song was self-produced and self-pressed, and became a grassroots hit. This led to their major label record deal and some measure of success. It was eventually released in 1989 as a single in the US, and amazingly, it was a minor hit.
Also, it's great to be an adult.