Multifaceted French Canadian word. In the same league as Osti, Tabarnak, Sacrament, Crisse. Comes from a deformation of the Christian religion word Chalice.
Can be used interchangeably in any blasphemous phrase such as:
"Câlice qui fait frette" (it is freaking cold) or
"Câlice de cave" (You're/He is fuc&?*#% stupid) or
"Câlice que j'ai faim" (I'm fuc&?*#% starving)