diff --git a/Makefile b/Makefile
index e4d18c29..235dc3c6 100644
--- a/Makefile
+++ b/Makefile
@@ -145,7 +145,7 @@ ENVTEST ?= $(LOCALBIN)/setup-envtest
 
 ## Tool Versions
 KUSTOMIZE_VERSION ?= v3.8.7
-CONTROLLER_TOOLS_VERSION ?= v0.14.0
+CONTROLLER_TOOLS_VERSION ?= v0.16.5
 
 KUSTOMIZE_INSTALL_SCRIPT ?= "https://raw.githubusercontent.com/kubernetes-sigs/kustomize/master/hack/install_kustomize.sh"
 .PHONY: kustomize