Canada’s economy ‌contracted in the first quarter of the year on an annualized basis by a slim margin, Statistics Canada data showed on Friday, making it two consecutive quarters of annualized decline, which some would call a technical recession.

A new bulletin from Fintrac is advising Canadian businesses to look out for transactions that could be linked to trafficking for the purpose of sexual exploitation or forced labour. Major events can boost the demand for this activity and offer an opportunity to move people to the location where major events are taking place.

High stock market valuations, higher corporate debt and higher amounts of money borrowed by hedge funds to buy sovereign debt are some vulnerabilities, Senior Deputy Governor Carolyn Rogers said. The increasingly volatile geopolitical system also creates a risk that more than one economic shock could happen at once.