diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 0000000000..e3bbc3d212
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,5 @@
+# Unreleased
+ - [#698](https://github.com/kubernetes-sigs/federation-v2/pull/698) -
+   Fix the generated CRD schema of scalable resources to define the
+   `retainReplicas` of type `boolean` rather than the invalid type
+   `bool`.
diff --git a/charts/federation-v2/templates/crds.yaml b/charts/federation-v2/templates/crds.yaml
index 4a09452907..254d90e5ef 100644
--- a/charts/federation-v2/templates/crds.yaml
+++ b/charts/federation-v2/templates/crds.yaml
@@ -561,7 +561,7 @@ spec:
                   type: object
               type: object
             retainReplicas:
-              type: bool
+              type: boolean
             template:
               properties:
                 apiVersion:
@@ -5405,7 +5405,7 @@ spec:
                   type: object
               type: object
             retainReplicas:
-              type: bool
+              type: boolean
             template:
               properties:
                 apiVersion:
diff --git a/pkg/kubefed2/enable/validation.go b/pkg/kubefed2/enable/validation.go
index 802106c914..fc8d616aa6 100644
--- a/pkg/kubefed2/enable/validation.go
+++ b/pkg/kubefed2/enable/validation.go
@@ -146,7 +146,7 @@ func federatedTypeValidationSchema(templateSchema map[string]v1beta1.JSONSchemaP
 			if replicasField, ok := templateSpec.Properties["replicas"]; ok {
 				if replicasField.Type == "integer" && replicasField.Format == "int32" {
 					specProperties[util.RetainReplicasField] = v1beta1.JSONSchemaProps{
-						Type: "bool",
+						Type: "boolean",
 					}
 				}
 			}