Target bought Zellers in Canada and never really got a foothold to really compete with Walmart and spent a lot of money rebuilding the stores and lost a lot of money in the process. They only lasted a couple of years I think. I heard that Targetr in the States was in deep financial problems due to the loses in Canada. In Two years Target lost about 2 Billion US.
As far as I know all the stores are closed since they wanted to leave Canada ASAP with those loses. They likely did not do proper research on the Canadian market. Walmart did and they are very successful here in Canada.
To the OP sorry that it was cancelled they should have notified you sooner did they give you a reason for it.