Just double checked the CRA info on TFSA.  The withdrawal/contribution/carryforward limits are governed based on calender year and not on 12 month rule. Here is the link....


http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/tfsa-celi/wthdrwls-eng.html

Great thing about TFSA is any gains can be withdrawn and they will be added back as contribution room the following calendar/tax year + the annual $5k.