How you interpret the title of this article may depend largely on where you live. In Alaska, cold weather may bring memories of the Taku winds with its super-frigid air coming off the mountains that can instantly freeze any and all objects. In Southern California, cold weather just means you need a jacket.
A myth to dispel is that cement stucco is only for the southwest and that cold weather and stucco do not mix. While plastering in winter can be challenging for the applicators living in cold climates, a cement stucco cladding provides a service life in these cold climates. I learned from spending time in Alaska as a technical plastering consultant, that cement stucco and EIFS do better than most other claddings in the cold climates. The Anchorage School District has many school buildings with stucco that are more than 50 years old and while these older schools need constant roof repairs, a properly applied stucco only needs occasional re-painting. This fact did not go unnoticed by the local architects, as they often preferred stucco for the schools and hospitals for appearance and long life with minimal maintenance.