We both love our cottage and are so lucky to have been able to buy it. The previous owners took great pride in every inch of the cabin, he was a log home builder from the USA. They used to fly to the cottage....if only I was that lucky.
We are in Fort McMurray, which is quite a bit North from Canmore. However, I agree the scenery in that area is breathtaking!
There is a log home sales office in the town south of where I live in Montana that was recently stained with a non-shiny oil based product. I will be working about a quarter mile away from it on Monday and I'll drop by to find out what brand they used. It looks quite nice.
Both oil and latex stains can work great on the exterior of a log home. The manufacturer depends far more than the product. A GOOD Film forming oil stain, like Sashcos Transformation gives a great look and proven performance for years. High Sierra is a latex product from Sashco, and Lifeline from PermaChink (also latex) both have proven performance and durability. I use all of these products for years and warrant all equally. I would look more at making sure you get a good manufacturer of a product in which they stand behind, then decide weather you prefer the look of oil (usually more glossy) or latex.