Can I Back Out of Buying a House After an Inspection in BC, Canada?

https://dominickeqqi853.tearosediner.net/how-to-calculate-buying-someone-out-of-a-house-in-canada

You can back out of a home purchase after inspection in BC! If significant undisclosed latent defects, like unpermitted renovations, surface, you're covered. A failed inspection or unmet financing also lets you exit