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If I cancel my subscription would I lose the work that I did in Ai, Ps and Id or access to the programs or will I have limited access only to the projects that I did?
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The work remains with you if you have the files stored locally, if the files are stored on the cloud then it's better you make a copy of them to your local disk. After cancellation you will lose access to these softwares so you won't be able to edit your files you created using these softwares like Ai, Ps
-Manan
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Short answer: Without a PAID subscription, you have no access to Creative Cloud software and online services. However the software remains on your system until you unistall it.
A FREE membership, gives you limited access to certain apps & services. See below for details.
https://helpx.adobe.com/creative-cloud/help/benefits-creative-cloud-free-membership.html
Free Membership Benefits