Short answer... yes. To all of the suggested ways.
Long answer... it depends on how much you need, what taxable bracket you'll end up in, what sort of accounts you'll have access to and a few other subtle differentials that need to be considered.
I'm not sure how the Canadian systems work, so someone else will have to chime in on that. I use TurboTax's taxcaster to estimate my drawdowns from various accounts with an eye on keeping the actual tax hit as small as possible. I'm in the 10-15% taxable and likely to remain there, so I owe no taxes on cap gains and dividends.
In my case, I have a tax deferred accounts (traditional IRAs), after tax accounts (Roth IRAs), a taxable account, and an inherited IRA in addition to a cash buffer. Sometimes I'll use the cash and let everything reinvest (if market is really depressed). More than likely over the next decade or so, I'll be using my inherited IRA as my main living expenses (selling off some funds as needed once a quarter) and then topping up the remainder from my taxable account's dividends as they are produced (which in my case, happens in April and December).
Other folks might sell off funds monthly from one account. Some folks pull all their yearly expenses once a year from several accounts. There's no right way - just what works for you (the most tax efficient way to access funds), and how you have your assets arranged. The frequency of withdrawals is totally up to you.