Saputo Stadium was built on the former practice track and field site on the grounds of the 1976 Summer Olympics.
The stadium cost CA$17 million to build, with $7.5 million paid by the Saputo family and the rest financed on a 25-year term. It was designed and fabricated by Dant Clayton Corporation and built by Broccolini Construction Inc. In preparation for its entry into Major League Soccer, plans were made to expand the stadium from its initial capacity of 13,034 to 20,000. The Quebec government put $23 million towards the renovation and expansion of the stadium.