Corporate Greys is a song about taking control of your life and following your heart. One of the key lines of the chorus is "Corporate Greys & neon days....it's quite a fight not to spend your life that way" - meaning it is so easy to be trapped in a corporate job in a cubicle with fluorescent lighting and to spend your entire life in such an environment - it takes real courage to break away.
The story of Corporate Greys is a young couple live and work in New York City - they decide to give it up and move to Idaho - even over the criticism of their friends ("some freinds said we were irresponsible...to leave careers full of promise & spoils" - "but there's a whole larger realm that we're thinking of...One that says you do just what you feel").
The first verse talks of "Crossin' Wheatfields off the coast of Canada...Headin' for a town in Idaho" - this is just a visual from driving from New York to Idaho and crossing farm land with wheatfields perhaps in Montana, or Minnesota or the Dakotas - all of which are south of Canada - which is the meaning of "Off the coast of Canada". The first verse continues with a visual we have all seen when driving across the country - "small towns & strange signs along the way - sure glad we had the nerve to go" coupled with how glad they are to have made the decision to escape.
The chorus is really the banner line(s) of the song - "And it's just for the freedom of life.....Not for the wrong or the right...Corporate Greys and Neon Days....It's quite a fight not to live your life that way" - meaning that leaving the big city high stress Wall Street world for small town Idaho is not about what is right or wrong...just about taking control of your life and choosing to do what feels right and gives you "freedom of life".
The third verse is reflective as they get closer to Idaho - "Comin up on sixteen miles to Yellowstone - Country sure looks different round here.....But there's a Jersey bus and the midtown rush and yellow air....and the tragic eyes of those who would not leave" - reflective as sixteen miles from Yellowstone sure does look different than New York and then they think about New York City - the bus to New Jersey, the traffic in midtown New York, the polluted (yellow air) air and the tragic eyes of those who would not leave and take the plunge they took.