Ottawa is getting ready to invest $125 million over five years for the Canadian arts by increasing existing budgets for domestic programs, expanding the eligible sectors that can receive money and by helping artists export their work internationally, Heritage Minister Melanie Joly said Tuesday.

Most of the cash will increase the budgets of existing Heritage Department programs such as the Canada Arts Presentation Fund, the Canada Book Fund, the Canada Music Fund, the Canada Periodical Fund and Telefilm Canada.

Read more about the announcement.