Homophobic boss, what would you do?

Im not someone who gets offended by much. Everyone is entitled to their own views. Here's the story.. I moved out of province. I found a job here that I love. Im not lgbt. But after 2 months of working here found out my boss is a homophobe. The things he says sometimes are outright offensive my best friend is gay. But he lives in a different province. I'm too scared to say anything to my boss. So I ignore it and stay quiet when he is saying these things to me. What would you guys do?
Homophobic boss, what would you do?
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