Halifax partiers may soon be raising their glasses to the good old days, when life was simple and drinks were only a dollar.

The last club in the city to sell $1 drinks is planning to raise its prices this weekend, part of a citywide effort to curb late-night brawling.

Palace Nightclub owner Peter Martell says his establishment is trying to encourage people to drink a bit less when they hit the town, but also to earn some extra money from the price increase.

"We've been trying to get rid of dollar drinks for some time," Martell told CTV Atlantic. "Now the major competitor has gotten rid of them, we're gradually going to increase our prices as well."

The trend toward raising the cost of drinks started in December after numerous bar-fights erupted at popular club The Dome. The Nova Scotia Utility and Review board ordered the establishment to stop selling dollar drinks, which left other bars around town with less reason to compete.

With drink prices now hovering around $2.50 in most city bars, Martell thinks local boozers are still getting a deal.

"Drink prices are still fairly cheap in Halifax compared to other cities," he said. "(We're) not looking to curtail their partying, just make it more controlled."

Prices at the Palace won't shoot up too much right away, said Martell, adding customers can expect a gradual increase.

Others in the industry aren't so ready for change. Bar owner Victor Syperek believes that government price controls set a dangerous precedent of over-regulation.

Halifax Mayor Peter Kelly applauded the move, saying he hopes it will help decrease out-of-control drinking. Some local residents, however, say it will take a lot more than an extra buck to stop the die-hards from going on a bender.

Brent Keeling said he enjoys going out to the bars and doesn't think people like him will be too hesitant to pay a little bit more for their beverages.

"Most people, when they're going out with intention of drinking, aren't too worried about price," said Keeling, a student. "I don't see a huge difference between $1.00 a drink and $2.50 a drink."

Others don't think the price hike will do much to solve the rowdiness problem.

"I think people will just drink at home and then go out," said student Jennifer Battison.

With files from CTV Atlantic's Chantelle Jones