diff --git a/setup.py b/setup.py
index 7ee279a71..6169ea421 100644
--- a/setup.py
+++ b/setup.py
@@ -67,8 +67,8 @@ def _get_dbt_core_version():
     packages=find_namespace_packages(include=["dbt", "dbt.*"]),
     include_package_data=True,
     install_requires=[
-        "dbt-core~={}".format(dbt_core_version),
-        "snowflake-connector-python[secure-local-storage]~=3.0",
+        "dbt-core==1.5.3,
+        "snowflake-connector-python[secure-local-storage]==2.9.0",
     ],
     zip_safe=False,
     classifiers=[