The English head coach will lead Canada through two more World Cups and two Olympic Games.
On Thursday, the Canadian Soccer Association announced that it had reached a deal with Herdman that will keep the English coach at the helm through 2020. His previous contract would have expired following the 2016 Olympic Games in Rio.
"I am thrilled to know that I have the support from the Canadian Soccer Association to not only build a strong women's program but also to have the opportunity to implement it and see it through after the Canada 2015," Herdman said in a statement. "We now have the clarity to move forward, focus on our performances and put in place the stepping stones to truly leaving a lasting legacy for women's football in Canada."
Herdman led the women to a bronze medal at last year's London Olympics, and he is charged with preparing the side for the first ever Women's World Cup to be held on Canadian soil in 2015. To that end, the CSA also announced a fall friendly versus Mexico at Vancouver's BC Place.
The Nov. 24 match continues Canada's string of exhibition games in the lead-up to the World Cup, with a home date on Oct. 30 in Edmonton against Korea and a January meeting with the United States also in the cards.