"I'm the first one to admit, friends, I'm the first one to admit, I am not perfect. I have made mistakes ... and all I can do right now is apologize for the mistakes," he said Sunday on his weekly radio show.
But Ford also made it clear that he intends to "ride this storm out."
Ford repeated that sentiment during Tuesday's press conference when, as the CBC reports, he said, "I've made mistakes and all I can do is move on."
Update at 4:33 p.m. ET. Won't Step Down:
Delivering a prepared statement at City Hall a few minutes ago, Ford said he will not step down.
"I was elected to do a job and that's exactly what I will continue doing," Ford said.
Ford did open by saying this episode has "embarrassed everyone in this city and I will be forever sorry."
He continued: "There is only one person to blame for this, and that is myself. I know that admitting my mistake was the right thing to do and I feel like 1,000 pounds have been lifted off my shoulders. I can't explain how difficult this was to do."
He added: "I want to be crystal clear, these mistakes will never, ever happen again."
Update at 2:43 p.m. ET. A Bit Of Background On Ford:
The 44-year-old mayor's father was a member of the provincial parliament from 1995 through 1999. Before entering politics, Ford worked in the family business, Deco Labels & Tags, which produces labels for all kinds of products including food and clothing.
Update at 2:31 p.m. ET. Expecting Another Statement:
Mayor Ford is expected to make another announcement any minute now. CP 24, "Toronto's Breaking News" station, has a live feed of the stakeout outside Ford's office.
"Coun. Jaye Robinson said that now, Ford does not have even 'a shred of credibility,' and she wants to see him take a leave of absence.
"'The real issue is getting the mayor to address his health issues, step aside [and] take a leave of absence, as I've been saying for six long months,' said Robinson. 'And now he's coming forward and he's admitting that there is clearly a problem here.'"