Great Slave Lake, lake, in southern Northwest Territories, Canada, near the Alberta border. It was named for the Slave Indians and has an area of 11,030 square miles (28,568 square km), which makes it the fifth largest lake in North America. It is some 300 miles (500 km) long and 30 to 140 miles (50 to 225 km) wide, has a shoreline indented by large bays, often with rocky slopes, and contains many islands. Its waters are extremely clear and deep, with a maximum depth of more than 2,000 feet (600 metres). The lake is fed by several rivers, of which the Slave River from the south is the most important, and is drained to the west by the Mackenzie River, which eventually empties into the Arctic Ocean.
The lake was visited in 1771 by the English explorer Samuel Hearne, and trading posts were established there (1786 and 1815) near the mouth of the Slave River (present-day Fort Resolution), but it was not completely surveyed until the early 1920s. It has long supported a fishing sector (trout and whitefish) based at the village of Hay River on the southern shore and some trapping centred on Fort Resolution, but a major component of the regional economy has been mining—initially for gold and other ores and since the 1990s for diamonds. Tourism has also grown in importance. The lake, linking the Mackenzie and Slave rivers, is an integral part of the Mackenzie River waterway, although it is ice-free for only four months of the year. In winter, however, its frozen surface is used as an ice highway linking territorial capital Yellowknife on the north shore with other communities in the region.