I picked up a new bike on the weekend from City Park Cycle. It's a Jamis Cross Country 2.0 '06 (bike nerds click here for more details). A much smoother ride than my previous Canadian Tire special. Now I just have to get my butt back in shape. It's rained 1 of the 2 days since getting it and it's threatening again but it's good to have a bike again.
I'd recommend anyone looking at getting a bit better bike go and chat with the guys at City Park Cycle. They know their stuff and are super friendly and more than willing to let you take a bike out for a spin or an hour if you want to try it out before you buy. They don't sell the cheap bikes, but they do sell good bikes.