At the same time, the B.C. industry has been beset by significant challenges: the mountain pine beetle, which killed off vast swaths of harvestable trees, wildfires and the ongoing softwood lumber dispute, which has seen the United States impose duties on Canadian exports outside of the current tariff conflict.

A little-known insurance product is gaining traction in Canada as exporters seek to guard against losses and bankruptcies of their suppliers and customers due to U.S. President Donald Trump's tariffs,