Integrate with new algebra typeclasses

[armanbilge]

While migrating algebra into the cats repository I also ended up adding some typeclasses proposed by @denisrosset which I believe were intended to better align algebra with spire. See typelevel/algebra#246, typelevel/algebra#247, typelevel/algebra#248.

[armanbilge]

These new typeclasses are will be available in algebra 2.7.0.
https://github.com/typelevel/cats/releases/tag/v2.7.0