statistics canada Ready to release November readings of Actual Gross Domestic Product Tuesday morning.
rbc predicting real Gross Domestic Product The figure rose 0.1 per cent in November, in line with a preliminary estimate from Statistics Canada.
The federal agency will also provide a preliminary estimate of Economic Development December and for the fourth quarter.
Economic growth is expected to slow in response to higher interest rates, with many economists expecting a mild recession this year.
The Bank of Canada has raised its key interest rate eight consecutive times since March, bringing it to 4.5 per cent, its highest since 2007.
After hiking interest rates last week, the central bank indicated it would pause to assess how higher interest rates were affecting inflation and the economy.