diff --git a/core/setup.py b/core/setup.py
index f1e1856ca73..f8b96f2fcaa 100644
--- a/core/setup.py
+++ b/core/setup.py
@@ -66,7 +66,7 @@
         # ----
         # These packages are major-version-0. Keep upper bounds on upcoming minor versions (which could have breaking changes)
         # and check compatibility / bump in each new minor version of dbt-core.
-        "pathspec>=0.9,<0.12",
+        "pathspec>=0.9,<0.13",
         "sqlparse>=0.2.3,<0.5",
         # ----
         # These are major-version-0 packages also maintained by dbt-labs.