Yes,you can stay at the CR after your meal until the parade.You can just go down to the marina and watch it from there.If you drive your car,I think there is a three hour parking limit there for the restaurants.I always use Disney Transportation.I would suggest taking a bus from AKL to AK and transfer from there to the CR bus.For your return trip,you can either walk or take the monorail to Magic Kingdom and catch an AKL bus there.