The classic ‘70s rock band Bachman-Turner Overdrive are set to be inducted into the Canadian Music Hall of Fame. As reported by The Hollywood Reporter, the veteran rockers will receive the honor at the 2014 Juno Awards ceremony in March. Founded by former Guess Who guitarist Randy Bachman, Bachman-Turner Overdrive –also known as BTO—scored a string of hits in the early ‘70s, including “Takin’ Care of Business,” “You Ain’t Seen Nothing Yet” and “Let It Ride.” The band was hailed by many for carrying on the torch for guitar-heavy rock at a time when soft rock was dominating the Top 40 charts. Speaking to xmfan.com last year, BTO drummer Rob Bachman said, "We were basically fans of all kinds of music, but really liked the old kind of rock and roll ... like Elvis and the funky kinds of rock bands like the Stones. Luckily for us, Creedence had just called it quits, and we came out with three- and four-chord rock-and-roll with Fred Turner's gruff voice. So it was basically this working man's kind of rock-and-roll.” BTO has previously won seven Juno Awards, including Group of the Year in 1975 and 1976. The ceremony will take place March 30 in Hamilton, Ontario, and will air nationwide on the CTV network.