The Moncton stadium is getting more than $250,000 from the federal and provincial governments for upgrades, officials announced on Tuesday.
The City of Moncton and Université de Moncton are also each contributing $80,174 to the project.
The funding comes on the heels of a scathing report that found poor management was to blame for $3.8 million in cost overruns at the stadium.
Moncton is slated to host the FIFA Under 20 Women's World Cup next year and the 2015 FIFA Women's World Cup of Soccer.
"We must capitalize on the major events happening at the Moncton stadium to help rebuild our economy," Economic Development Minister Paul Robichaud stated in a news release.
The upgrades include the addition of two dressing rooms with separate shower and washroom facilities.
"These infrastructure improvements will help us continue to attract major national and international events to our region," Mayor George LeBlanc said in a statement.
Poorly organized, managed
An independent internal auditor's report, obtained by CBC News and Radio-Canada in July, shows the initial estimated budget for the Université de Moncton stadium was $13.8 million.
After getting federal and provincial funding, the budget was increased to $20.5 million. But the city ended up going over that budget by $3.8 million during construction in 2010.
The audit suggests the project was poorly organized and poorly managed from start to finish. The 69-page report made 36 recommendations, including better communications and bookkeeping by the City.
The federal government, through the Atlantic Canada Opportunities Agency (ACOA), is providing $137,000 under the Community Infrastructure Improvement Fund. The provincial government is investing $120,000 through the Regional Development Corporation.