People would over transfer into TFSA and pay the penalty it was cheaper than paying capital gains,,,for those that have over tranfered they are paying back all funds plus interest and also reversal of transactions ( they lose )...one can transfer $ 5,000 in new cash or through your trader ( on - Line ) the shares ( in kind )from a cash/ margin RRSP upto the $ 5,000 for each of 3 yrs ( $ 15,000. total ).. Traps7