The Globe and Mail attempts to identify winning Canadian companies investing for future growth in its Thursday, Aug. 6, edition. The Globe's Ian Tam writes in the Number Cruncher column that investors have done well with names such as Valeant Pharmaceuticals International, Dollarama and Alimentation Couche-Tard. These companies have consistently shown positive price momentum over the multiple time periods over the past year. One common trait amongst these companies is the fact that they have high reinvestment rates. The reinvestment rate is a measure of earnings per share less dividends as a percentage of the company's adjusted book value per share and is a measure of a company's ability to invest for future growth. Mr. Tam ranked stocks based on the best combination of the following metrics: forward and trailing reinvestment rates; three-month estimate revisions; earnings surprise; quarterly sales momentum. Mr. Tam only considered the largest 250 stocks in Canada by market capitalization. Other companies with high reinvestment rates are Linamar, CCL Industries, DHX Media, Great Canadian Gaming and FirstService.