Canadian Finance Minister Chrystia Freeland expressed cautious optimism on Tuesday regarding the resolution of a dispute with the United States over Ottawa's proposed digital services tax (DST) targeting large technology companies.

The digital services tax proposal is designed to tackle the issue of taxing digital giants such as Alphabet and Amazon.com that can record their profits in countries with low tax rates.

The U.S. government has consistently raised objections to Canada's proposed tax, arguing that it unfairly targets American firms and has called on Ottawa to abandon the plan.

"I was in Washington last week, and we had productive discussions about the DST, both at the official level. I am cautiously hopeful that we can come to an agreement with our American counterparts," Freeland informed reporters in Ottawa...

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