diff --git a/cli/cmd/turbo/version.go b/cli/cmd/turbo/version.go
index 0e933b1db1d2a..32aa2e7b1b089 100644
--- a/cli/cmd/turbo/version.go
+++ b/cli/cmd/turbo/version.go
@@ -1,3 +1,3 @@
 package main
 
-const turboVersion = "1.7.0-canary.4"
+const turboVersion = "1.7.0-canary.5"
diff --git a/packages/create-turbo/package.json b/packages/create-turbo/package.json
index 2d80f56c3451f..664424a305074 100644
--- a/packages/create-turbo/package.json
+++ b/packages/create-turbo/package.json
@@ -1,6 +1,6 @@
 {
   "name": "create-turbo",
-  "version": "1.7.0-canary.4",
+  "version": "1.7.0-canary.5",
   "description": "Create a new Turborepo",
   "homepage": "https://turbo.build/repo",
   "license": "MPL-2.0",
diff --git a/packages/turbo-codemod/package.json b/packages/turbo-codemod/package.json
index 8890cab3c09e5..6361780066181 100644
--- a/packages/turbo-codemod/package.json
+++ b/packages/turbo-codemod/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@turbo/codemod",
-  "version": "1.7.0-canary.4",
+  "version": "1.7.0-canary.5",
   "description": "Provides Codemod transformations to help upgrade your Turborepo codebase when a feature is deprecated.",
   "homepage": "https://turbo.build/repo",
   "license": "MPL-2.0",
diff --git a/packages/turbo/package.json b/packages/turbo/package.json
index 28ac0a973ed66..dd2d27b49c3ff 100644
--- a/packages/turbo/package.json
+++ b/packages/turbo/package.json
@@ -1,6 +1,6 @@
 {
   "name": "turbo",
-  "version": "1.7.0-canary.4",
+  "version": "1.7.0-canary.5",
   "description": "Turborepo is a high-performance build system for JavaScript and TypeScript codebases.",
   "repository": "https://github.com/vercel/turbo",
   "bugs": "https://github.com/vercel/turbo/issues",
@@ -19,11 +19,11 @@
     "install.js"
   ],
   "optionalDependencies": {
-    "turbo-darwin-64": "1.7.0-canary.4",
-    "turbo-darwin-arm64": "1.7.0-canary.4",
-    "turbo-linux-64": "1.7.0-canary.4",
-    "turbo-linux-arm64": "1.7.0-canary.4",
-    "turbo-windows-64": "1.7.0-canary.4",
-    "turbo-windows-arm64": "1.7.0-canary.4"
+    "turbo-darwin-64": "1.7.0-canary.5",
+    "turbo-darwin-arm64": "1.7.0-canary.5",
+    "turbo-linux-64": "1.7.0-canary.5",
+    "turbo-linux-arm64": "1.7.0-canary.5",
+    "turbo-windows-64": "1.7.0-canary.5",
+    "turbo-windows-arm64": "1.7.0-canary.5"
   }
 }
diff --git a/version.txt b/version.txt
index bd60b5a1c703e..3d602178a036a 100644
--- a/version.txt
+++ b/version.txt
@@ -1,2 +1,2 @@
-1.7.0-canary.4
+1.7.0-canary.5
 canary