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 which empty into the Pacific Ocean. Lowland divides in the north separate the Mackenzie basin from the Arctic Ocean watersheds of the Anderson, Horton, Coppermine and Back Rivers. In the east, the Mackenzie borders on the Hudson Bay watersheds of the Thelon and Churchill Rivers, and to the south it is bordered by the Saskatchewan–Nelson River system, which also empties into Hudson Bay. The Mackenzie system is hydrologically connected to the Hudson Bay watershed via Wollaston Lake, which is not only the source of the Fond du Lac tributary of Lake Athabasca, but also of the Cochrane River, which flows