The Government of Alberta is moving forward in its plan to reach a $15 minimum wage by 2018.

Despite heavy opposition, the government announced a $1 increase to the minimum wage as of October 1st, bringing it to $12.20.

"Albertans who work full time should be able to live with dignity, and that means being able to afford rent, food, and transportation for their families. This plan for Alberta's minimum wage provides long-term certainty fo employers and workers." said Christina Gray, Minister of Labour.

The weekly and monthly minimum wages will rise to $486 and $2,316, respectively, at the same time.

Most of the opposition generated came from those in the restaurant industry, who will see the elimination of the liquor servers differencial.

"In my experience as a restaurant owner, higher wages for valuable employees garners longer staff retention, reduces training costs and consequently improves overall staff morale, which benefits customers and colleagues alike."Brad Lazarenko, Owner of Edmonton's Culina Restaurant.

Critics are dismissing the increase as an economic experiment, at a time when the province cannot afford it. Those in support reference the cases in which minimum wage increases have yielded an increase in jobs, and economic benefits.

Minimum wage will rise a further $1.40, to $13.60 per hour, on October 1, 2017, and by $1.40, to $15 per hour, on October 1, 2018. Weekly and monthly rates will rise by equivalent amounts.