For Canada to succeed, the conversation about business investment must include transitioning to a net-zero economy. Achieving net zero by 2050 is one of the core beliefs of each of our coalition members, even though members will choose different tools by which to reach this goal. We welcomed the series of tax measures in this year's budget to incentivize green investment, but the tough part is still to come.
For one, the Canadian government has yet to release its legislative framework for carbon capture or its plan to provide certainty for industry around carbon pricing. Both are still in progress and are due this year. The government's pledge to streamline its regulatory approval procedures, a necessary condition to hit the climate targets, is still being developed, and we're watching closely how the government navigates the transition for our energy sector. These measures are necessary and urgently needed for businesses to have certainty to prioritize and to plan.
We do need a long-term economic vision as we look at ways to enhance the economy. We at the coalition have also taken special time to think about what youth, young people, are thinking about their futures in Canada. Lisa and I had the opportunity to do a university tour over this past year. What's interesting, ladies and gentlemen, is that young Canadians think that Canada is doing well in terms of being an equitable society and sharing economic opportunities. They think we're moving way too slowly when it relates to meeting the climate change challenges. Unfortunately, they are not particularly positive about their own long-term economic prospects. This is based on work that the coalition had done for it by Nik Nanos a few months ago.
It's important, and I'm sure all committee members would agree that the thoughts, the thinking and the aspirations of our young people are very important to our future.
Lisa, over to you.