Whereas the alliance is wide-ranging, Lee-Chin emphasised two areas of key collaboration: treating most cancers and addressing local weather change — pressing challenges dealing with humanity. This collaboration will enable Portland to offer MBM  higher entry to key applied sciences and mental property in well being sciences in addition to nuclear and clear power.

Lee-Chin believes that, in combatting local weather change, fossil fuels have to be changed with nuclear energy. Nuclear is clear, scalable, carbon-free, and comes with excessive density power. As well as, it’s at all times on and by no means turns off. Lee-Chin believes Canada is properly positioned to offer entry to groundbreaking developments in nuclear expertise: small modular reactors (SMRs).

On the groundbreaking for the world’s first SMR challenge in Chalk River, Ontario, this 12 months, Lee-Chin delivered remarks, stating that these reactors may very well be step one to assist averting a world humanitarian disaster. Sooner or later, these reactors may very well be applied in distant communities which can be presently depending on diesel gas, permitting for protected, dependable, self-supporting, zero-carbon electrical energy to energy industries and the inhabitants, built-in with exiting grids or working off-grid,  throughout elements of the world that had beforehand relied on fossil fuels.

Canada’s technological management in SMRs by means of collaborative frameworks make a big distinction in reaching the UAE’s sustainability objective. Lee-Chin believes, although, that Canadian buyers ought to take an analogous view as his new Emirati associates.

Lee-Chin likens this chance to when he began his advisory follow within the Eighties. He noticed Canada, then, firstly of a long-term wealth accumulation pattern. In 1983 he noticed a mutual fund trade managing $5.8 billion in Canada, now it manages $1.8 trillion and Lee-Chin has been on the bottom flooring of that “tsunami” of wealth accumulation as he calls it.