Civil lawsuit against the police officer is possible if the underlying grounds were for "negligence" or "malicious prosecution". There was a recent court case (not related to Bill 203) in which a police officer was sued for negligence, and that is a precedent for the fundamental principle of this type of thing. The next challenge is to make that happen with respect to a Highway Traffic Act charge ...
I agree with your assessment of the SIU and the existing complaints procedure.
You SERIOUSLY need a lawyer - a real one, not a paralegal - if you want to go down this road. The stakes are high, and you'll have some significant up-front costs that are unrecoverable if your lawsuit fails. BUT ... At this point, a number of suitably large lawsuits for malicious prosecution, including ample numbers for punitive damages, are the only way I can see for the police to ever back down with the frivolous charges.
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