Salesforce Deployment will be updated to Canceled status when the deployment is completely canceled. It might take time based on the components that are getting deployed.

Reference Article:
https://help.salesforce.com/s/articleView?id=sf.deploy_monitoring.htm&type=5

A delay of up to 24 hours can be seen between requesting a cancellation and the deployment or validation. Canceling a deployment varies due to package size and the number of components to rollback. https://help.salesforce.com/s/articleView?id=000357635&type=1

If you are deploying Sharing Related components, then enable the Deferred Sharing feature.

Reference Help Article:
https://help.salesforce.com/s/articleView?id=sf.security_sharing_rule_recalculation.htm&type=5

After the deployment, you can disable Deferred Sharing and use Sharing Recalculation.