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Why Michael Lee-Chin collaborated with MBM Holding of Dubai


Nov 9, 2023


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

Lee-Chin believes that, in combatting local weather change, fossil fuels should be changed with nuclear energy. Nuclear is clear, scalable, carbon-free, and comes with excessive density vitality. As well as, it’s all the time on and by no means turns off. Lee-Chin believes Canada is nicely positioned to supply entry to groundbreaking developments in nuclear know-how: small modular reactors (SMRs).

On the groundbreaking for the world’s first SMR venture 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 carried out in distant communities which are at present depending on diesel gas, permitting for secure, dependable, self-supporting, zero-carbon electrical energy to energy industries and the inhabitants, built-in with exiting grids or working off-grid,  throughout components of the world that had beforehand relied on fossil fuels.

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

Lee-Chin likens this chance to when he began his advisory observe within the Nineteen Eighties. He noticed Canada, then, at first 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.


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