From michele, 1/13/2007 3:22:10 PM:

"toast...a li'le bit a toast." an English song
Played a lot on the weekends on CNFY in the early 80's

From audiofool, 1/14/2007 7:47:31 AM:

It's Toast by Streetband, featuring Paul Young.

The song is also hosted right here on this website under the 'Sounds' Songs link at: http://www.spiritofradio.ca/0E04AA071749599A^^Songs|Streetband%20%2D%20Toast.mp3