Alberta Finance Minister Ron Liepert is ready to deliver his last budget before retiring at the end of this session, and he has a new pair of shoes to do it in.

Buying a pair of shoes for the budget has been a long-standing tradition at the legislature, and Liepert bought this year's pair from Winners for $50.

Liepert says he thinks the shoes symbolize what Albertan can expect in the budget.

He says it will reflect frugality while adhering to the principles of conservative spending and the tenets of progressive program delivery.

His critics are convinced he'll deliver neither.

The shoes will be auctioned off for charity following the budget announcement.

Liepert, the MLA for Calgary West, announced that he would be retiring on Dec. 8.

The 62 year old has served the province as an MLA since 2004.

CTV's Chris Epp is in Edmonton and will have details on the budget beginning on the CTV News at 5.