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
Lake Athabasca depth of , and holds of water, making it the largest and deepest lake in both Alberta and Saskatchewan, and the eighth largest in Canada. Water flows northward from the lake via the Slave River and Mackenzie River systems, eventually reaching the Arctic Ocean. Fort Chipewyan, one of the oldest European settlements in Alberta, is located on the western shore of the lake, where the Rivière des Rochers drains the lake and flows toward Slave River, beginning its northward journey along the eastern boundary of Wood Buffalo National Park. The eastern section of the lake narrows to a width of