Keelor has been friends with Jim Cuddy since both attended North Toronto Collegiate Institute high school. When they both had finished university, they decided to form a band which they called the Hi-Fi's, along with Jim Sublett on drums and Malcolm Schell playing bass. The band released a single in 1980 featuring "I Don't Know Why (You Love Me)" and on the B side "Look What You've Done". The record was not a big commercial success, though, and when they couldn't get a record deal in Toronto, they headed off to New York.  A while after returning to Toronto from New York, Keelor and Cuddy formed Blue Rodeo.