It is not immediately clear what Ford will be speaking about. A brief note from his communications director simply says that the mayor "is committed to putting taxpayers first."
He is due to speak at 2 p.m. CBC News will livestream the event at the top of this page. Mobile users will be able to watch by clicking on this link.
Ford, 45, is hoping to be re-elected this fall. He is up against dozens of candidates vying for his job.
The Oct. 27 election is about two-and-a-half months away.