diff --git a/CHANGELOG.md b/CHANGELOG.md
index ab922bb7f..a2a92800d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,30 @@
 # Changelog
 
+## 0.14.0
+
+**Release date:** 2021-11-23
+
+This prerelease updates the dependency on the source-controller to `v0.19.0`, which
+includes **breaking behavioral changes**, including one beneficial to users making
+use of `ValuesFiles` references. Refer to the [changelog](https://github.com/fluxcd/source-controller/blob/v0.19.0/CHANGELOG.md#0190)
+for more information.
+
+In addition, it updates Alpine to `v3.14`, and several dependencies to their latest
+version. Solving an issue with `rest_client_request_latency_seconds_.*` high
+cardinality metrics.
+
+Improvements:
+- Update Alpine to v3.14
+  [#360](https://github.com/fluxcd/helm-controller/pull/360)
+- Update various dependencies to mitigate CVE warnings
+  [#361](https://github.com/fluxcd/helm-controller/pull/361)
+- Update opencontainers/image-spec to v1.0.2
+  [#362](https://github.com/fluxcd/helm-controller/pull/362)
+- Update controller-runtime to v0.10.2
+  [#363](https://github.com/fluxcd/helm-controller/pull/363)
+- Update source-controller to v0.19.0
+  [#364](https://github.com/fluxcd/helm-controller/pull/364)
+
 ## 0.13.0
 
 **Release date:** 2021-11-12
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 05cc1cbb9..11e916bd5 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
   - name: fluxcd/helm-controller
     newName: fluxcd/helm-controller
-    newTag: v0.13.0
+    newTag: v0.14.0
diff --git a/go.mod b/go.mod
index e37760551..96a95a77e 100644
--- a/go.mod
+++ b/go.mod
@@ -10,7 +10,7 @@ require (
 	github.com/bugsnag/panicwrap v1.3.4 // indirect
 	github.com/docker/go-metrics v0.0.1 // indirect
 	github.com/docker/libtrust v0.0.0-20160708172513-aabc10ec26b7 // indirect
-	github.com/fluxcd/helm-controller/api v0.13.0
+	github.com/fluxcd/helm-controller/api v0.14.0
 	github.com/fluxcd/pkg/apis/kustomize v0.2.0
 	github.com/fluxcd/pkg/apis/meta v0.10.1
 	github.com/fluxcd/pkg/runtime v0.12.2