National gas prices continue to rise to staggering peaks this weekend, with drivers in Vancouver urged to account for as much as $ 2.34 per gallon at the pumps.
Figures on the GasBuddy fuel tracker show that the national average price of regular gas reached $ 1.95 per liter on Saturday afternoon, with the provincial average peaking at $ 2.15 in Newfoundland and Labrador and $ 2.11 in British Columbia.
“My concern is that this will affect the entire economy,” said Dan McTeague, a former Liberal MP and current chairman of the Canadians for Affordable Energy Group. CBC News Network on Saturday.
“I have not seen anything like this since my days as a Member of Parliament [in 2008].. At least then the Canadian dollar was strong and it protected Canadians from these higher prices. “
The Gas Wizard, another gas price tracker, predicted significant jumps in various cities on Sunday, with Vancouver expected to see prices rise by six cents to a national high of $ 2.34 per liter.
Montreal is expected to see a jump of four cents to $ 2.15, and Toronto is on the rise with a rise of six cents that will take average prices to $ 2.09.
St. John’s is expected to see the biggest jump on Sunday with 13 cents to $ 2.24 per liter.
Prices in Edmonton are estimated to be among the lowest at $ 1.70 per liter.