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 is scant, despite the efforts of many researchers. Many archaeological sites have probably been destroyed by flooding, freeze-thaw and erosion. The Inuvialuit, Gwich'in and other indigenous peoples have lived along the river for thousands of years; however, the oldest evidence of continuous occupation stretches back only about 1300–1400 years, at the Gwich'in community of Tsiigehtchic. The Mackenzie provided the major route into Canada's northern interior for European explorers as early as the late 18th century. Scottish explorer Alexander Mackenzie travelled the river in the hope it would lead to the Pacific Ocean, but instead reached its mouth on the Arctic