The Tragically Hip's music, apart from being very good, has another thing going for it: incredibly poetic lyrics. The only other band that IMHO comes close to this eloquence is Metallica (you have to give them credit for achieving this when no one expects a metal band to bother with the lyrics too much).
When you compare this with crappy lyrics like "Dance into the night/Till the morning light" from dance/techno bands, you have to just sigh and shake you head.