The mayor was asked about the issue Thursday on a Washington, D.C.-based radio show called "The Sports Junkies," before making some football predictions.
Ford, who has previously said he has smoked "a lot" of marijuana, said decriminalization likely won't happen in Canada as long as the Conservatives are in power.
But he says he has questioned that policy, saying "Why wouldn't they at least decriminalize it and try to get revenue from it?"
Ford also told the radio hosts that he did indeed give his wife money for Christmas — $5,000 to be exact.
The mayor says he took some flak for his comment during his last call to the show that he would give his wife cash for Christmas because "women love money, but she was "really happy" with the present.