Target Canada currently has a fairly large amount of clearance in their toy department, with hundreds of toys at 50% off. A Hamilton location that I visited actually had a huge amount of toys marked down. Keep in mind that stores that recently opened in the past few weeks my not have nearly as much clearance as the first or second round of stores to open. Click here to find a Target near you.
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I can confirm that the the newer stores have little to nothing outside of summer toy clearance.