Bank of Canada Governor, Mark Carney has had a hectic time after taking over as the nation's central banker 27 months back, mainly dealing with the fiscal crisis, planning the way for recuperation and bolstering Canadians that eventually the bank's amazing policies would work.

The one thing that he still has to do during his tenure, however, is to raise interest rates. That may be about to change on Tuesday.

If he does increase the rates, and that is what majority of the analysts anticipate, it won't be after wrestling with rival forces, which communicate two severely diverse messages regarding the economic viewpoint.

Stéfane Marion, Chief Economist at National Bank Financial says," We are at point where it is a tug of war between structural issues that are facing the Eurozone and a very strong economic cyclical backdrop".

Some think that the Governor is mulling over the hike owing to the financial statistics that summon for a rate increase, as much as 50 basis points.

The figures have been constantly robust and startling to the upside. Job formation is in full motion, with a record of 109,000 employees added to payrolls in April; customers are purchasing products at a good speed, tax credits or not; corporate revenues are bouncing back to pre-recession points; and price rise is crawling nearer to the central bank's favored 2% target.