"Canada, You're on Notice, You Hosers!"

"The Word" was "Hosers." On Monday night's Canadian premiere of The Colbert Report on CTV and The Comedy Network, host Stephen Colbert took on two-dollar coins, the softwood lumber dispute, Prime Minister Paul Martin, Canadian beer, gun-related crime and the cross-border drug trade - all within 3 minutes and 23 seconds - in his signature segment "The Word." Describing Canada as America's "pale sister to the North," Colbert gave a sly shout-out to his Canadian fans by noting that "by watching this show, you're a country that gets it."

Colbert also noted that Canada "generously allowed half of your gun-related crimes to be committed with American guns" and was shocked when Prime Minister Paul Martin "flew off the handle" when commenting on the softwood lumber dispute.

With Monday night's premiere, Canadians became the first foreign audience to sample the critically-lauded series and CTV became the first conventional broadcaster to air the series, which premiered October 17 in the U.S. Airing immediately following The Daily Show with Jon Stewart.

The must-see, full-hour of skewered news headlines and commentary airs Mondays through Thursdays at 12:35 p.m. ET on CTV (check local listings) and 11:30 p.m. ET/PT on The Comedy Network.