Boats of the Mackenzie River watershed carrier business in 1947. The last steam-propelled sternwheelers, the "S.S. Distributor" and "S.S. Mackenzie" were retired around the same time. In later years, with the construction of the Mackenzie Highway from Alberta to Great Slave Lake, the importance of the Athabasca-Slave River route dwindled and NTCL operations were based from shipyards in Hay River after 1959. NTCL became the primary water operator in the Mackenzie River watershed with the purchase of Hudson's Bay Company's fleet and equipment in 1958, and the total buyout of Yellowknife Transportation Company in 1965 including its fleet of diesel tug boats. Other small commercial operators
Mackenzie River . Six other lakes in the watershed cover more than , including the Williston Lake reservoir, the second-largest artificial lake in North America, on the Peace River. The river discharges more than of water each year, accounting for roughly 11% of the total river flow into the Arctic Ocean. The river is frozen for most of the year, with the ice typically breaking up by early to mid-May in the south, and late May-early June in the north. Ice breaks up earlier on the tributaries, sometimes causing ice jams and flooding where they meet the Mackenzie. In the middle of