TerraFiscal
Resource Fiscal Intelligence

Fiscal analysis for mineral projects, with every figure traceable to its source.

TerraFiscal models the taxes, royalties, and economic rent of Canadian mineral and resource projects — and labels each number by where it came from. Public disclosure, model-derived estimate, or a gap that needs to be requested. No figure pretends to be more certain than it is.

What it is

A fiscal model that tells you what it doesn’t know.

Most mining fiscal estimates present a single confident number. The hard part isn’t the arithmetic — it’s that the inputs that move the result most, like mine-level tax-pool balances, are usually not public. TerraFiscal treats that uncertainty as a first-class output instead of hiding it.

Province-specific

Four provincial regimes, modelled to the statute

British Columbia, Alberta, Saskatchewan, and Québec — each with its own mechanics: BC’s NCP/NR tax and cumulative expenditure accounts, Saskatchewan potash, Alberta post-payout net revenue, Québec’s greater-of mining duties and minimum mining tax.

Cost classification

Deductibility, by regime, with counsel flags

A cost can be deductible for one tax regime and not another, capitalized rather than expensed, or require legal review. TerraFiscal classifies each cost line and flags the ones that need a specialist’s sign-off rather than guessing.

Back-calculation

Reconstructing what disclosure leaves out

Where public filings report outcomes but not inputs, the platform works backward — inferring tax-pool movements and effective rates from disclosed figures, and labelling every reconstructed value as exactly that.

Audit trail

Immutable record of every claim and review

Source explanations, review decisions, and approvals are written to an append-only, replicated audit store. The reasoning behind a number is recoverable months later — which is what negotiation and assurance contexts require.

The method

Every statement carries a provenance label.

The same four labels run through every model, every report, and every export. They are the vocabulary of the product — and the reason its outputs can be relied on in rooms where the stakes are real.

Public source

Backed by a public document — an annual report, technical report, regulatory registry, or government filing.

Model-derived

Computed by the platform from public and supplied inputs, with the calculation path retained for audit.

Inferred

Reasoned from indirect evidence where direct disclosure is missing — and labelled so the reader can weigh it.

Needs verification

A gap. The figure isn’t known, and the platform generates the exact request to put to the company, province, or community.

No silent zeros

A value that can’t be computed is reported as not computed — never quietly rendered as $0.

Weakest link wins

An aggregate inherits the source status of its least-certain input, so one gap can’t hide behind strong data.

Counsel where counsel is due

Interpretive calls are flagged for legal or tax review rather than presented as settled fact.

Reports

Outputs you can hand to a board, a council, or counsel.

Each report is generated from the same source-audited model, so the figures in a briefing match the figures in the audit trail behind them.

Report 01

Public Project Brief

A structured briefing on a mine or project built from public information — ownership, production, fiscal regime, and the relevant Indigenous context. Missing inputs become a clear list of questions to ask, not blank cells.

Public source Gaps surfaced
Report 02

Source-audited Data Gap Report

What the public record shows, what had to be inferred, what is missing — and the exact requests to send each party to close the gaps, ranked by how much each one moves the result. It turns uncertainty into a negotiation tool.

Model-derived Materiality-ranked
Who it’s for

Built for the people on the asking side of the table.

First Nations & advisors

Economic development corporations, negotiation teams, and the consultants and counsel who support them on benefit agreements and revenue sharing.

Government & policy

Provincial revenue and policy analysts who need mine-level fiscal estimates grounded in disclosure and clearly separated from inference.

Law & accounting

Practices advising on mining transactions, royalties, and fiscal terms who need an audit trail behind every figure they rely on.

Get in touch

Start a conversation.

TerraFiscal is working with a small number of early partners on source-audited fiscal analysis for specific projects. If your work touches mining fiscal terms, royalties, or benefit agreements, I’d like to hear what you’re up against.

Email hello@terrafiscal.com →
Direct
hello@terrafiscal.com

Tell me the project or jurisdiction you’re looking at and the fiscal question you’re trying to answer. I read every message myself and reply personally.