Mercedes has won six out of six races at the start of this 2019 season, and has both drivers have been on the podium for every grand prix this season.
Hamilton was victorious at the weekend in Monaco - holding off the determined Max Verstappen - for almost the whole race, whilst on degrading tyres.
Now, the five-time world champion has revealed Mercedes could unleash its first power unit upgrade in time for his favourite race on the calendar, the Canadian Grand Prix.
"A lot of analysis will be made, particularly towards trying to understand the tyres better and deliver better in terms of our processes," Hamilton, who has won in Canada six times, said to Autosport.
"And on my side, (I am) trying to work even better with my engineers to try and extract more from my car. That means Bono (Peter Bonnington, Hamilton's race engineer) and Marcus (Dudley, performance engineer) and a lot of the engineers trying to extract more information from the energy recovery system, and positioning the information in the right way so I can deliver more from this car.
"And I know the guys back at the factory are working on developments. We will probably have a new engine by the next race, so the car will continue to move forward as we will."