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 watershed, reaching up to deep in the Mackenzie Delta. As a whole, the Mackenzie basin receives only meager to moderate rainfall, averaging over the entire basin, though mountain areas experience much higher precipitation, and areas near and north of the Arctic Circle receive much lower precipitation. The Mackenzie drainage basin is bordered by multiple major North American watersheds. Much of the western edge of the Mackenzie basin runs along the Continental Divide. The divide separates the Mackenzie watershed from that of the Yukon River, which flows to the Bering Strait; and the Fraser River and Columbia River systems, both of