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Thanks for your question.
The law is that one party has to consent to the recording. That is it. So if you are consenting because of course you are then the recording is lawful.
That means you have not breached the Criminal Code.
So you cannot be charged for making the recording and you can use the recording as evidence in court if that is why you are making it.
Does that answer your question?
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There is no legal risk to doing that in the sense that you cannot be charged.
But there are times when it could put you at risk in another way. For example, if an employee does this to his employer he can be dismissed. He cannot be charged though.
Do you see what I mean?
Is there anything more I can help you with at this point in time?