National gas prices are continuing their rise to staggering highs this weekend, with drivers in Vancouver told to brace for as much as $2.34 per litre at the pumps.

Figures on the fuel tracker GasBuddy show the national average price of regular gas reached $1.95 per litre on Saturday afternoon, with provincial averages peaking at $2.15 in Newfoundland and Labrador and $2.11 in British Columbia.

“My concern is that this is going to cascade throughout the economy,” Dan McTeague, a former Liberal MP and current president of the group Canadians for Affordable Energy, told CBC News Network on Saturday.

“I’ve not seen anything