Can I win by shifting funds from my RRSP to my TFSA?

Q. I have 95% of my investments in RRSPs, and do not have new money to contribute to TFSAs. Does it make sense to withdraw $5,500 each year and move it over to a TFSA? I am 52 years old and have $200,000 in RRSPs and $5,000 in TFSAs. My wish would be to move as much as I can per year to catch up to the maximum I’m able to hold in TFSAs (since 2009). I realize the tax implications so perhaps the best thing to do is always withdraw under $5,000 to pay only 10% tax? Is this the best way? I...

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